Viewpoint: Higher inflation data and a strong job market in the United States will increase calls for interest rate hikes
According to a report by Golden Ten, Gregory Faranello, head of US interest rate trading and strategy at AmeriVet Securities, stated that this is a very reliable report that supports market expectations for the Federal Reserve to skip this month's meeting or even more meetings. At the time of the handover of two governments, this is also an important number. The focus has now shifted to inflation. With the new government taking office, higher inflation data and a strong job market will increase calls for interest rate hikes.