Barclays: The Fed's wait-and-see stance is unlikely to waver; focus on payroll data revisions
ChainCatcher News, according to Jinse Finance, Barclays Bank's Chief Market Strategist Julien Lafargue stated that tonight's revisions to US payroll data from previous months will be closely watched, as they may reveal the impact of the US government shutdown. Barclays doubts whether this data will significantly change market expectations, namely that the Federal Reserve will keep interest rates unchanged in the first quarter. He pointed out that the employment report is only one piece of the puzzle, with other factors including the inflation situation and the US Supreme Court's ruling on reciprocal tariffs.
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