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Barclays: Federal Reserve's Wait-and-See Stance Likely Unshaken, Focus on Wage Data Revision
Summary: According to sources, Barclays Bank's Chief Market Strategist Julien Lafargue stated that the revision of wage data from the past few months in the US will be closely watched tonight, potentially revealing the impact of the government shutdown. Barclays doubts whether these data will significantly alter market expectations, namely that the Federal Reserve will maintain ...
According to sources, Barclays Bank's Chief Market Strategist Julien Lafargue stated that the revision of wage data from the past few months in the US will be closely watched tonight, potentially revealing the impact of the government shutdown. Barclays doubts whether these data will significantly alter market expectations, namely that the Federal Reserve will maintain interest rates in the first quarter. Lafargue pointed out that the employment report is just one piece of the puzzle, with other factors including inflation and the US Supreme Court's ruling on equal tariffs.
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Link: Barclays: Federal Reserve's Wait-and-See Stance Likely Unshaken, Focus on Wage Data Revision [Copy]
