Huatai Securities: March Nonfarm Payroll Data Reflects the Resilience of the U.S. Job Market, Inflation Becomes the Core Variable for FED Policy
According to ChainCatcher, citing Golden Ten Data, Huatai Securities believes that the stronger-than-expected U.S. non-farm payrolls data in March demonstrates the resilience of the U.S. job market. However, amid escalating tensions in the Middle East, the impact of high oil prices on inflation expectations is more crucial for Federal Reserve monetary policy. Recently, the ongoing Middle East conflict and the blockade of the Strait of Hormuz have caused an oil supply gap, driving up oil prices and inflation expectations; currently, inflation is the core variable for the Federal Reserve's monetary policy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays: Bloom Energy (BE.US) demand turning point is steeper than expected, rating raised to "Buy"
Barclays has upgraded Bloom Energy’s rating from "equal weight" to "overweight," setting a target price of $289.
Competitor turns supplier as the "new owner"! Bank of America: Marvell Technology's acquisition of Lumentum may prompt Cisco and Ciena to seek other sources
Bank of America analysts stated that Marvell Technology's acquisition of Lumentum may prompt Ciena and Cisco to diversify their optical component suppliers.
Goldman Sachs traders warn of an "invisible bear market": S&P 500 is only 3% away from its all-time high, but 60% of its constituent stocks have entered bear market territory.
The S&P 500 Index is only about 3% away from its latest record high, but 60% of the constituent stocks in this benchmark index are deeply entrenched in bear market territory.
Crypto prices
More
