US NFP: Encouraging for a soft landing – Goldman Sachs

In a recent interview with CNBC, Goldman Sachs Chief Economist Jan Hatzius offered his take on Friday’s United States Nonfarm Payrolls data.
Also read: US Nonfarm Payrolls rise by 223,000 in December vs. 200,000 expected
Key quotes
“We’re growing at a below-trend pace that’s necessary to rebalance the economy.”
“Wage growth is gradually decelerating, price inflation is pretty quickly decelerating.”
“I think that should be encouraging for a soft landing.”
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
















