Goldman Sachs analyst: Non-farm payrolls data is just a side dish, the main course is tariffs
‘Today's better-than-expected jobs report helped ease market concerns about immediate weakness in the U.S. labour market,’ said Lindsay Rosner, Head of Diversified Fixed Income Investments at Goldman Sachs Asset Management, ’However, this data is just a side dish right now, and the market is focused on the main course: the tariff issue.’
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A series of employment data will be released in the US tonight, and the probability of a rate cut has reached 94%.
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