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Analyst: Non-Farm Payroll Data Completely Overturns Fed's Justification for Rate Cuts
BlockBeats News, June 5th - Institutional analyst Anstey's assessment of the US non-farm payroll report: This will undoubtedly completely overturn any reason for the Fed to cut interest rates in the coming months. If Powell starts advocating for rate cuts at this month's policy meeting, he will appear out of step.
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Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.
The Federal Reserve announced a 25 basis point increase in the benchmark interest rate to a range of 4.75% to 5.00%.
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2026-11-12
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