Analyst: Increased Possibility of Earlier Action by the Federal Reserve, But Still Depends on the Next Few Key Reports
Aug 1, 2025
#Crypto Stocks
On August 1st (UTC+8), CIBC Capital Markets analyst Ali Jaffery commented on the U.S. non-farm payroll data: Today's report presents a different picture of the labor market than Powell described earlier this week, and increases the likelihood of the Fed acting sooner. That being said, it still depends on whether the next few inflation reports show persistence and whether the labor market weakens further. After all, the unemployment rate is still at a reasonable level, and even if the report is bad, it won't be enough to completely change the position of all the hawks. [MetaEra]