Barclays: Fed's Wait-and-See Stance Unlikely to Be Shaken

Odaily News Barclays' Julien Lafargue stated in a report that the revisions to the US payroll data from previous months tonight will also be closely watched, which should reveal the impact of the US government shutdown. Barclays doubts whether these data will significantly alter the current market expectations that the Fed will keep interest rates unchanged in the first quarter. Nevertheless, the chief market strategist pointed out that the upcoming employment report is "just one piece of the puzzle; other pieces include the inflation situation and the upcoming ruling by the US Supreme Court on reciprocal tariffs." (Jin10)