Bloomberg's chief economist: Non-farm data next week may be weak, and the probability of a Federal Reserve interest rate hike may decrease
Bloomberg's chief economist Anna Wong stated that next week's non-farm payroll report may show weakness, with a certain probability of recording negative growth, which will have a critical impact on the Federal Reserve's policy path.
She pointed out that if there are two consecutive negative non-farm data, there is no precedent in modern Federal Reserve history for raising interest rates under such circumstances.
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