机构: The constraint for Fed rate cuts remains inflation, not employment

Odaily Odaily Planet Daily News, Jason Pride, Head of Investment Strategy and Research at Glenmede, stated that the Fed's way of thinking has not changed, and the constraint for rate cuts remains inflation, not employment. Although the labor market is not accelerating, its resilience is higher than implied by unrevised data, which reduces the urgency for the Fed to act on the employment front. Investors should expect the Fed to keep interest rates unchanged at the next meeting and focus on whether energy relief measures after the ceasefire start to lower headline inflation. (Jin Shi)