Goldman Sachs: Next month's employment data is the key factor determining the pace and extent of the Federal Reserve's easing policy

According to a report by Goldman Sachs, Whitney Watson, Global Co Head and Co Chief Information Officer of Fixed Income and Liquidity Solutions, stated that the September CPI report was stronger than expected, with core CPI unexpectedly rising. However, labor market data remains the dominant factor for the Federal Reserve, and we believe that next month's employment data will be a more important data point determining the pace and extent of the Fed's easing.