Analysis: The Federal Reserve may change its stance due to cooling labor data

Odaily Planet Daily News: NatAlliance Securities analyst Andy Brenner wrote that the recent series of weak labor market data may bring the Federal Reserve closer to the moment of shifting towards a relaxed policy stance. But this week may still be too early. We still believe that Powell is approaching a turning point, which may take until July, "Brenner wrote before the Federal Reserve's June meeting. In our view, the employment situation is still very unstable, the employment data is questionable, and significant revisions are underway... But just like what Washington has done on budget issues for many years, the Federal Reserve may just drag the problem on for another month