Analysts: Non-farm payrolls data completely overturns the Fed's rationale for cutting interest rates.

CoinFeed, June 5th - According to Jinshi Data, following the release of the non-farm payroll data, the market priced in further tightening of monetary policy by the Federal Reserve. Analyst Anstey commented on the US non-farm payroll data, stating: "This will undoubtedly completely overturn any reason for the Fed to cut interest rates in the coming months. If Warsh starts advocating for rate cuts at this month's policy meeting, he will look out of place." US interest rate futures indicate that the market is still pricing in the Fed keeping interest rates unchanged at its June monetary policy meeting.