Quickly understand the history and background of various well-known coins

U.S. Economy Shows Strength Despite Tariffs, Fed Rate Cut Unlikely

Coin WorldMonday, May 5, 2025 9:46 am ET

1min read

Economist David kohl from Swiss Bank Julius Baer has highlighted that the U.S. economy is showing little sign of weakness. Following the release of the April non-farm payrolls report, Kohl noted that the U.S.'s volatile and restrictive economic policies, including the imposition of high tariffs, have not yet had the expected negative impact on the labor market data. He pointed out that better-than-expected job additions and a low unemployment rate have driven sustained strong growth in private consumption.

Kohl further emphasized that the data is very robust, and it is expected that the Federal Reserve will not cut interest rates this week. He suggested that the Fed may overlook negative survey indicators and take action only when economic data shows clear signs of weakness.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.