Barclays: The Federal Reserve's cautious stance is unlikely to change, focus on payroll data revisions

ChainCatcher News, according to Jinshi, Barclays’ Chief Market Strategist Julien Lafargue stated that tonight’s revision of the US payroll data from the past few months will be closely watched, as it may reveal the impact of the US government shutdown. Barclays doubts whether these data will significantly change market expectations, namely that the Federal Reserve will keep interest rates unchanged in the first quarter. He pointed out that the employment report is just part of the puzzle, with other factors including inflation and the US Supreme Court’s ruling on reciprocal tariffs.