TechFlow News: On February 11, according to JINSHI Data, Kay Haigh, an analyst at Goldman Sachs Asset Management, stated that there are some preliminary signs of labor market tightening, but it remains some way from fully tightening. Given the economy’s continued outperformance relative to expectations, the FOMC’s focus will shift toward inflation developments. We still believe the Fed has room for two rate cuts this year; however, a higher-than-expected CPI print released on Friday could tilt the Fed toward a more hawkish stance.
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