
Phyrex|May 01, 2025 12:41
Outlook for Friday's non farm payroll data. Yesterday's GDP was a false alarm, and the market has realized that the US economy still has enough resilience in the first quarter. However, it is still uncertain whether this resilience is due to tariffs, and it cannot be ruled out that tariffs will lead to the expansion of domestic demand. The unemployment rate announced in April rose from 4% to 4.2%, including the economic downturn, which Powell and the Federal Reserve personally stated.
This is also a concern for the first quarter GDP
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