Goldman Sachs reiterated Fed forecast after weak jobs report. Fed to cut by 25bp this week ...Middle East

The US jobs report was about 'storms and strikes' says Goldman Sachs. The numbers ICYMI:US October non-farm payrolls +12K vs +113K expectedForexlive Americas FX news wrap: The worst non-farm payrolls reading since 2020Goldman Sachs, in brief:Strikes and storms were a weight on the October employment reportThe data is an argument for a continuation of the Federal Open Market Committee (FOMC) easing cycleExpect the Committee to cut by 25bp at the meeting this week, November 6 and 7https://images.forexlive.com/images/non-farm%20payrolls%20chart_id_4835ff3b-008c-40a9-a41f-be620ef34131_size900.jpg This article was written by Eamonn Sheridan at www.forexlive.com.

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