Bond Market Eyes Employment Data Amid Uncertainty Over Fed Rate Cuts
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
U.S. Employment Report Impact: Investors are anticipating the upcoming U.S. employment report, which could influence expectations for a Federal Reserve rate cut at the end of October, with current odds suggesting an 80% chance of a cut.
Economic Data and Fed Policy: Recent economic data has led to mixed signals regarding rate cuts, with some Fed officials concerned about inflation from tariffs while others see weaker hiring as a reason for further easing; a potential government shutdown may delay the jobs report, increasing reliance on private-sector data.
Analyst Views on TBT
Wall Street analysts forecast TBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TBT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 34.590
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Current: 34.590
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
