Goldman Sachs: Non-farm payrolls better than expected; if Friday's CPI unexpectedly rises, it could turn the Fed hawkish

BlockBeats News, February 11 — Goldman Sachs Asset Management analyst Kay Haigh stated that there are some initial signs of the labor market tightening again, but there is still a way to go before it is fully tight. Given the economy’s continued outperformance, the FOMC’s focus will shift to inflation. We still believe the Federal Reserve has room to cut interest rates twice this year; however, if the CPI released on Friday unexpectedly rises, it could cause the Fed to tilt hawkish. (Jinshi)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Why did Bitcoin drop today? Trump extends Iran ceasefire period by 10 days, negotiations face disagreements.

U.S. President Trump extends the ceasefire period with Iran until April 6, but Iranian officials deny the request, leading to continued market pessimism about the prospects of negotiations. As the U.S. 10-year Treasury yield rises to 4.42%, the attractiveness of high-risk assets like Bitcoin diminishes, preventing a rebound and instead continuing to face selling pressure. The market is sensitive to liquidity conditions, and in the short term, attention should be paid to the direction of yields and spot demand.

MarketWhisper2h ago

The situation in the US-Iran war worsens, oil prices rise by 4%, and the surge in US Treasury yields impacts US stocks, causing them to fall.

Due to the worsening Middle East situation and soaring U.S. Treasury yields, concerns about inflation have intensified, causing the U.S. stock market to retreat and turning the sentiment cautious. Energy stocks rose against the trend, and crude oil prices broke through $100 per barrel, further fueling market panic. U.S. import prices experienced their largest increase since 2022, and postal services raised fuel surcharges, drawing attention to the consumer confidence index. The Federal Reserve chair succession process has stalled amid political disputes, and the cryptocurrency market remains flat as investors stay on the sidelines.

ChainNewsAbmedia4h ago

ETH drops 0.85% in 15 minutes: liquidity tightening and leveraged liquidations resonate, causing a short-term pullback

From 17:45 to 18:00 (UTC) on March 26, 2026, ETH prices briefly declined within the range of 2045.86 to 2066.97 USDT. The 15-minute return was -0.85%, with a volatility of 1.02%. This fluctuation drew market attention, as the volatility was significantly higher than usual, indicating increased uncertainty about ETH's short-term trend. The main drivers of this movement were liquidity tightening, characterized by a sharp drop in active addresses and large institutional staking. On March 25, the number of on-chain active addresses for ETH decreased by 10%.

GateNews9h ago

Expectations of easing tensions in the Middle East have cooled, oil prices rebounded, and Bitcoin fell below $69,000.

Bitcoin drops below $69,000, with major cryptocurrencies falling 4% to 5%. The main reason is the fading optimism over Middle East tensions. U.S. tech stocks generally decline, and market trends are closely linked to macroeconomic factors. If the situation improves, risk assets may rebound.

BlockBeatNews10h ago

Trump: Energy prices will fall back and even lower

Gate News reports that on March 26, U.S. President Donald Trump stated that energy prices will decline, and may even go lower. Trump said that U.S. Treasury Secretary Yellen will speak about measures to address rising energy prices. Additionally, Trump mentioned that the U.S. has multiple policy options regarding Iran.

GateNews12h ago

Opfi Investment: The Federal Reserve Faces a Dilemma in Its Dual Mandate of Employment and Inflation

Analyst Benjamin Louvet from OpFi Investment pointed out that the Federal Reserve faces challenges in balancing inflation and employment, and may not choose to raise interest rates. Additionally, declining revenues in Gulf countries could impact U.S. debt financing, forcing the Fed to lower interest rates or resume bond purchases.

GateNews12h ago
Comment
0/400
No comments