EY-Parthenon predicts that even if the non-farm payrolls report is released on Friday, the Federal Reserve will keep interest rates unchanged until the end of the year. Wall Street expects the number of non-farm payrolls to increase by 83,000 in July, but EY said the labor market remains stable and is unlikely to change the Federal Reserve's policy focus. According to the agency, the conditions for further interest rate hikes will only be met if the scope of inflation expands and continues to rise, or if employment recovers significantly again.

EY-Parthenon predicts that even if the non-farm payrolls report is released on Friday, the Federal Reserve will keep interest rates unchanged until the end of the year. Wall Street expects the number of non-farm payrolls to increase by 83,000 in July, but EY said the labor market remains stable and is unlikely to change the Federal Reserve's policy focus. According to the agency, the conditions for further interest rate hikes will only be met if the scope of inflation expands and continues to rise, or if employment recovers significantly again.