TechFlow news, September 5 — According to Jinshi Data, Jeffrey Leschen, Managing Director at Bramshill Investment: We are not surprised by the August nonfarm numbers. There is some uncertainty due to tariffs and artificial intelligence, which could pressure corporate hiring plans. There are many positive factors ahead—for example, investments in the U.S. could bring manufacturing job opportunities. But it will take time for these to permeate through the economy. The data suggests the Fed might cut rates by 50 basis points. Today's employment report undoubtedly strengthens the likelihood of three rate cuts this year.
Add to Favorites
Share to Social Media
