U.S. Employment Market Under Pressure from Tariffs and Taxes

The U.S. employment landscape is facing challenges, according to Gregory Faranello, Head of U.S. Rates Trading and Strategy at AmeriVet Securities. He believes tariffs and tax policies are contributing factors to these difficulties. However, the Federal Reserve remains committed to maintaining its current monetary policy stance as employment continues to be a key driver for economic growth. Previously, Lindsay Rosner, Head of Multi-Sector Fixed Income Investments at Goldman Sachs Asset Management, highlighted the strong labor market data, suggesting that the Federal Reserve can afford to adopt a cautious approach towards policy adjustments.