Strong wage data will lead to a reduction in expectations regarding #خفض_معدل_الفائدة
Jin,10 reported that institutional analysts commented on the U.S. non-farm payrolls report, saying: "Strong wage data in the U.S. may reduce expectations for an interest rate cut and negatively affect the front end of the yield curve overall, we believe that the employment data reinforces our view that the Federal Reserve will keep the rate stable - at least until the fourth quarter of this year." Analysts pointed out that the slight increase in wages, along with a stable unemployment rate of 4.2%, will keep the Federal Reserve unchanged. Therefore, the likelihood of an interest rate cut by the Federal Reserve in September, which was fully priced in earlier this week, is expected to drop to around 75%.
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