Tony Welch: Rising jobless claims point to weak labor market
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最新报道：According to Bijie.com, on September 11 (UTC+8), Tony Welch, an analyst at SignatureFD, stated that higher-than-expected initial jobless claims had a greater impact on the market than the anticipated August inflation. He noted that the CPI inflation rate, approaching 3%, is moving further away from the Federal Reserve's 2% target, and that the weak PPI suggests that producers may be absorbing the costs of tariffs. Welch believes that the US labor market is not collapsing, which makes it likely that the Federal Reserve will cut interest rates by 25 basis points next week, rather than the 50 basis points some forecasters have suggested.
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