According to Mars Finance, citing Jinshi, Seema Shah, Chief Global Strategist at Principal Asset Management, warned that recent employment data is pushing the US economy toward stagflation. The cooling job market indicates increased economic risks, but it also opens the door to interest rate cuts, especially given the oil price shock complicates expectations of monetary easing. She stated that the emergence of stagflationary tendencies is a disturbing development for the market.
Seema Shah: Oil price shocks and weak employment put the Fed in a dilemma
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
