#NFPWatch Despite widespread anticipation, the upcoming NFP (Non-Farm Payroll) report could present a mixed picture, according to the prevailing opinions of various experts. Although 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, will likely show a moderate increase, 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, by itself, 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.