The latest federal data release showed nonfarm payrolls increasing by 147,000, edging down but still in line with previous readings, while adjusting April and May figures upward.
Roach said he will be paying close attention to whether the risks between growth and inflation remain in balance.
S&P 500 futures higher following record high.
Whether prices will heat up or cool down is the must-watch event for the Federal Reserve and those calling for a July rate cut.
Sectoral adjustments are sought by European negotiators.
Bond issuance has ramped up by more than 35% year-on-year as declining birth rates push school districts to "keep up with the Joneses."
Some agreements have been reached but are far from widespread.
Inflation rises slightly in May as income and spending fall, challenging Fed path
Optimism surges on Middle East, rate cuts, trade deals boosts S&P 500.
Hope for at least two rate cuts have boosted bonds.
After headline-grabbing comments from Fed Governors Waller and Bowman, nearly a dozen other policymakers have signaled less urgency for a dovish turn.
Growing infrastructure costs and the near-term outlook for interest rates are fueling a resurgence in supply from increasingly needy state and local governments.
Bets on the lowest yields since April are increasing.
The Federal Reserve chair stressed continuing uncertainty, citing "many paths possible" from the impact of Trump's tariffs.
Fed chair will likely express caution about making rate cuts too soon.
But another metric suggests a slowdown in the US economy is ahead.
The Federal Reserve Governor reasserted his view of a transitory inflation hit from tariffs, while the S&P 500 pendulated between gains and losses amid a quarterly "triple witching" in the markets.
Everyday millionaires increase in volume and wealth, report shows.
Equities gained early Friday, oil prices eased.
The Fed's announcement today was largely as expected, keeping the target fed funds rate the same, while assessing new data and balancing all risks ahead.