#NFPWatch Despite the widespread anticipation, the upcoming NFP (Non-Farm Payroll) report could present a mixed picture, according to prevailing opinions from various experts. While a solid job addition is expected, there are signs that the pace of growth may be slightly slowing compared to previous months. Wage inflation, a key factor for the Federal Reserve, is likely to show moderate increases, suggesting that inflationary pressures persist, but perhaps not explosively.
My personal opinion, based on these projections, is that the Fed will maintain its cautious stance. It is unlikely that this report, on its own, will drive a drastic change in its monetary policy. Instead, it will reinforce the idea that the economy is gradually cooling, which would allow the Fed to keep its options open for future interest rate decisions. The markets, for their part, may react with short-term volatility, but a significant shift in the overall trend is unlikely.