Goldman Sachs reiterated Fed forecast after weak jobs report. Fed to cut by 25bp this week ...Middle East

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Goldman Sachs reiterated Fed forecast after weak jobs report. Fed to cut by 25bp this week
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The US jobs report was about 'storms and strikes' says Goldman Sachs. The numbers ICYMI:US October non-farm payrolls +12K vs +113K expectedForexlive Americas FX news wrap: The worst non-farm payrolls reading since 2020Goldman Sachs, in brief:Strikes and storms were a weight on the October employment reportThe data is an argument for a continuation of the Federal Open Market Committee (FOMC) easing cycleExpect the Committee to cut by 25bp at the meeting this week, November 6 and 7https://images.forexlive.com/images/non-farm%20payrolls%20chart_id_4835ff3b-008c-40a9-a41f-be620ef34131_size900.jpg This article was written by Eamonn Sheridan at www.forexlive.com.

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