PANews reported on June 5th that, according to Jinshi Data, after the release of the non-farm payroll data, the market priced in further tightening of monetary policy by the Federal Reserve.
Institutional analyst Anstey commented on the US non-farm payrolls, saying: "This will undoubtedly completely overturn any reason for the Federal Reserve to cut interest rates in the coming months. If Warsh starts advocating for rate cuts at this month's policy meeting, he will look out of place."
US interest rate futures indicate that the market is still pricing in the Federal Reserve keeping interest rates unchanged at its June monetary policy meeting.


