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Allianz chief economist warns jobs report not all investors optimistic
According to ChainCatcher, Allianz chief economist El-Erian warned that not all investors are optimistic about Friday's jobs report and the Fed's fight against inflation is not over yet.
Lindsey Bell, chief investment strategist at 248 Ventures, said the wage growth could serve as a reminder to the Fed that inflation will remain sticky.
Chicago Fed President Goolsbee called the latest U.S. nonfarm payrolls report "excellent" and said it would be appropriate to continue cutting interest rates over the next 12 to 18 months.
Lindsey Bell, chief investment strategist at 248 Ventures, said the wage growth could serve as a reminder to the Fed that inflation will remain sticky.
Chicago Fed President Goolsbee called the latest U.S. nonfarm payrolls report "excellent" and said it would be appropriate to continue cutting interest rates over the next 12 to 18 months.
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