Analysts: Fed Faces Dilemma as Latest Employment Report Deviates from Expectations

Odaily News: Brian Jacobsen, Chief Economist at Annex Wealth Management, stated that this non-farm payroll data is quite disappointing and deviates from expectations. The report's data cannot be sugarcoated; the rise in the unemployment rate, coupled with a significant increase in oil prices, will make traders worry about the risk of stagflation. Should the Federal Reserve take measures to help the job market, or maintain the status quo (or even threaten to raise interest rates) to curb inflation expectations? It will find itself in a dilemma. (Jin10)