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Allianz Chief Economist Says U.S. June Employment Data 'Weak', Federal Reserve Likely to Hike in September

2026-07-03 14:37:15

According to Ludovic Subran, chief economist at Allianz, speaking on Bloomberg Television, U.S. June non-farm employment data has indeed been weak. However, he maintains that inflation will likely peak above 3.7%, with the American economy still supported by artificial intelligence, fiscal spending, and energy factors. Subran predicts the Federal Reserve may be forced to raise interest rates in September, marking a key policy divergence between the United States and Europe.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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