Goldman Sachs: Employment is Not an Issue, Iran War Will Determine Fed's Next Move
On June 5, Lindsey Rosner, head of multi-sector fixed income investment at Goldman Sachs Asset Management, commented on U.S. non-farm payrolls: Recent data indicates that we are increasingly confident that the Federal Reserve does not need to worry about labor market issues. The Fed will 'focus on inflation issues, and ultimately, the duration of this (Iran) war will determine the Fed's next actions.'
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
Brent crude oil futures hit $103 per barrel, up 2.08% intraday.
The main contract of Brent crude oil futures has just reached the $103.00 per barrel mark, currently trading at $103.00 per barrel, up 2.08% on the day.
Brent crude oil futures main contract rises 2% intraday, quoted at $102.92 per barrel.
The main Brent crude oil futures rose by 2.00% during the day, trading at $102.92 per barrel.
Spot silver hits $59/ounce, down 1.29% intraday
Spot silver has just touched the $59.00/oz mark, currently quoted at $59.00/oz, down 1.29% on the day. The main COMEX silver futures contract is now trading at $59.28/oz, down 1.68% on the day.
ECB’s Cipollone says the purpose of the digital euro is not to replace cash
European Central Bank Executive Board member Cipollone stated that while some people may have initially worried that the purpose of the digital euro was to replace cash, this is not the case. More than 80% support a single currency. People trust the euro, our common currency.
Crypto prices
More
