U.S. June Employment Data Might Leave Inflation as Main Fed Policy Driver

Dow Jones07-01 13:08

0508 GMT - Job creation in the U.S. is expected to have been robust in June, likely leaving inflation to take the drivers' seat in shaping the Federal Reserve's policy path, Russell Investments' BeiChen Lin says in a note. "If the labor market continues to remain solid, inflation will likely prove to be the more important factor in dictating the Fed's next move," the senior investment strategist says. With the recent uptick in M&A, IPO and debt issuance, a key point to watch would be whether there is an acceleration in financial services job creation, he adds. Analysts in a Wall Street Journal poll forecast an addition of 115,000 jobs in June. The data are due for release Thursday. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

July 01, 2026 01:08 ET (05:08 GMT)

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