Reported 2 days ago
UBS strategist Leslie Falconio discusses the recent US jobs report, which exceeded expectations with 254,000 new jobs and a reduced unemployment rate of 4.1%. She emphasizes that the Federal Reserve's September rate cut does not signify a trend, as the market adjusts to a less dovish outlook. Falconio anticipates that inflation will continue to decrease, despite potential short-term shocks, and believes the Fed will maintain a path of moderate rate cuts rather than drastic measures.
Source: YAHOO