Institution: US Non-farm Payrolls (NFP) will cause The Federal Reserve (FED) to continue to "sit on the sidelines".

GateUser-6433627c · 2025-05-02T17:04:00+00:00

The Head of Interest Rate Trading and Strategy in the US pointed out that the job market may face issues in the future, and The Federal Reserve (FED) may take a wait-and-see approach. The Head of Asset Management at Goldman Sachs believes that the current robust labor market data provides the Federal Reserve with the space for patience.

GateUser-6433627c

2025-05-02 17:04:00

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On May 2, Gregory Faranello, head of interest rate trading and strategy at AmeriVet Securities, stated that there will be significant issues in the job market in the future due to the impacts of tariff and tax policies. As for the future policy path of The Federal Reserve (FED), given that employment remains a key driver of economic growth, the FED will still “sit on the sidelines” for now. Previously, Lindsay Rosner, head of multi-sector fixed income investments at Goldman Sachs Asset Management, indicated that at this moment, robust labor market data provides the FED with room for patience. (Jin10)

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