GSAM: October Fed Rate Hike Unlikely After Soft Jobs Report
Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, stated that the cool September jobs report makes a Federal Reserve rate hike later this month unlikely. She noted that the "soft print argues against the idea that the labor market is retightening."
Goldman Sachs Asset Management said the cooler September jobs report makes a Federal Reserve rate hike later this month unlikely. Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, said the latest soft reading argues against the idea that the labor market is retightening. “One follow…”