Whitney Watson, global co-head of fixed income and liquidity solutions and co-chief information officer of Goldman Sachs, commented on the latest CPI report. She said that the report was stronger than expected, with a higher core CPI than anticipated. However, Watson believes that the labor market data is still the most important factor for the Fed. She expects that next month’s employment data will play a crucial role in determining the pace and extent of the Fed’s easing measures.
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