MacroAug 10, 2026, 11:46 AM

Weak US Jobs Data Cuts Urgency for September Fed Hike, Rabobank Says

Rabobank’s Bas van Geffen notes that softer Nonfarm Payrolls and a shrinking labor supply have reduced the pressure on the Federal Reserve to raise rates in September.

Rabobank analyst Bas van Geffen has highlighted that weaker-than-expected US Nonfarm Payrolls (NFP) and a decline in labour supply are easing the urgency for another Federal Reserve rate hike at the September meeting. The shift in labour market dynamics is prompting a reassessment of near-term policy expectations.

Source: FXStreet Forex News

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