Bloomberg Chief Economist: Next Week's Non-Farm Data May Show Softness, Fed Rate Hike Odds Could Decline

BlockBeats News, August 29th, Bloomberg's Chief Economist Anna Wong wrote that the upcoming non-farm payroll report may show a weak performance, with a certain probability of negative growth, which will have a key impact on the Fed's policy path.

She pointed out that if there are two consecutive negative non-farm data, there is no precedent in modern Fed history for raising interest rates in such a situation.