BNP Paribas: High U.S. Employment Doesn't Necessarily Lead to Inflation, Fed Could Still Cut Rates in June
Yelena Shulyatieva of Faba Bank said that the U.S. labor market continues to show strength, but growing immigration means that high employment "doesn't necessarily bring inflation," and the Federal Reserve may increase the labor market in June She believes that "the data will probably continue to be strong. Everything seems positive, especially if you continue to get strong employment data."
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