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Analyst: Strong Jobs Data Constrains Fed’s Rate Cut Outlook

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Regan Capital analyst Skyler Weinand said strong U.S. jobs data constrains the Fed’s outlook for rate cuts, despite weak January inflation. The U.S. added 130,000 jobs, with unemployment at 4.3%. Weinand stated that the Fed "cannot cut rates now" and questioned new Chair Christopher Wall’s ability to push for cuts. CME FedWatch shows investors expect at least two rate cuts this year. Meanwhile, BTC as a hedge against inflation remains a key focus for some investors. CFT regulations also continue to shape market sentiment.

BlockBeats news: On February 13, Regan Capital analyst Skyler Weinand stated that the weak U.S. inflation data for January does not increase the likelihood of the Federal Reserve cutting rates in the coming months, due to stronger-than-expected labor data released earlier this week—130,000 new jobs added in January and an unemployment rate of 4.3%.


“The Fed simply can’t cut rates right now, given that the economy has just created six-digit jobs,” Weinand said. He expects the Senate to confirm Wash as Powell’s successor as Fed chair, but doubts he can build consensus on rate cuts. “We may see no change in the Fed’s policy rate this year.”


The CME FedWatch Tool shows that investors are currently pricing in at least two rate cuts this year. (Jinshi)

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