Institution: Non-Farm Payroll Data Will Keep the Fed on the Sidelines

BlockBeats News, May 2nd, AmeriVet Securities' Head of US Rates Trading and Strategy, Gregory Faranello, stated that due to the impact of tariffs and tax policies, the future job market will face significant challenges. As for the future policy path of the Fed, given that employment remains a key driver of economic growth, the Fed is currently 'standing on the sidelines'.

Prior to this, Lindsay Rosner, Managing Director of Multi-Sector Fixed Income Investments at Goldman Sachs Asset Management, stated that at this time and place, stable labor market data provides the Fed with the patience it needs. (FXStreet)