Bank of America Forecasts 110K June Payroll Gain, Could Lift 2026 Rate Hike Expectations to Three

According to Bank of America Securities, as reported by Jin10 Data on June 29, the bank forecasts U.S. non-farm payrolls will increase by 110,000 in June, driven by moderate initial jobless claims and strong ADP employment data. BofA added that a robust employment report could reinforce market expectations for three rate hikes in 2026, though downside risks remain from seasonal factors in leisure and hospitality sectors.
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.
Comment
0/400
No comments