Lates News

Analyst Anstey from the institution evaluates the US non-farm data: Considering the mission of the Federal Reserve is to maintain price stability and achieve full employment, it seems difficult to argue that the current job market needs assistance based solely on these data. On the other hand, the inflation rate is already well above the Fed's 2% inflation target. It is expected that next week's CPI data will show that the core inflation rate will rise to 2.9% and overall inflation will skyrocket by 4.2% year-on-year (which is somewhat alarming compared to the average hourly wage growth rate of 3.4% in May). It would be surprising if Fed policymakers do not further hint at a possible rate hike in 2026.