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Institution: Non-farm data may cause the Fed to maintain its current policy

2025-02-07 03:57

Odaily News Eric Winograd, head of developed market economic research at Alliance Bernstein, said that the labor market is much more important to the Fed than the tariff situation. Employment data is unstable and anything can happen in any month. But there is nothing special that makes us think that the non-farm data in January will be significantly different from the past few months, which is enough to keep the Fed on hold. (Jinshi)