Russell Strategist: Strong June U.S. Employment Data May Make Inflation Primary Driver of Fed Policy

According to Russell Investments Senior Investment Strategist Bei Chen Lin reported by Jin10 on July 1, robust June U.S. employment growth is expected to keep inflation as the dominant factor in shaping the Federal Reserve's policy path. Lin stated, "If the labor market remains resilient, inflation will likely be the key determinant of the Fed's next moves." The June employment data will be released on Thursday.
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