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

Odaily Planet Daily News Jason Pride, Head of Investment Strategy and Research at Glenmede, stated that the Fed's approach has not changed; the constraint for rate cuts remains inflation, not employment. Although the labor market is not accelerating, its resilience is higher than what the unrevised data suggests, reducing the urgency for the Fed to take action on employment. Investors should expect the Fed to keep interest rates unchanged at the next meeting and focus on whether energy relief measures after the ceasefire begin to lower overall inflation rates. (Jin Shi)