NOTE - I meant for this to go ourt Friday Asai time ... apologies for the delay .... my bad.
The U.S. labour market showed renewed strength in June, with non-farm payrolls exceeding expectations and suggesting the economy remains on solid footing despite recent signs of softness in leading indicators.
The data supports the Federal Reserve's case to maintain a “wait and see” approach, reinforcing the likelihood that policymakers will hold rates steady until clearer signs emerge on both inflation and economic momentum.
Goldman Sachs added that if summer inflation readings remain modest, the Fed could resume its easing cycle in the second half of the year. Markets are now watching upcoming CPI prints and wage data closely, with rate cut expectations tentatively pencilled in for later in 2025.
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The data and analysis from the better than expected jobs report can be found here:
Forexlive Americas FX news wrap: Non-farm payrolls beat the consensus This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about goldman sachs says us jobs data reinforces fed patience labor market shows resilience was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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