TechFlow, September 9 — According to Jinshi Data, Michael James, Senior Managing Director of Equity Trading at Rosenblatt Securities, said that revisions to U.S. employment data further bolster the case for Fed rate cuts. We will get more insight this Thursday morning from the Consumer Price Index (CPI), but a meaningful decline in labor growth further indicates that the Fed will begin its rate cut cycle later this month. This contributed to a stronger overall stock market performance this morning.
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