🇺🇸 US Unemployment Rate: 4.6%
📊 Expectation: 4.4%
Unemployment has come out higher than expected, which clearly shows that the US labor market is weakening.
🔍 What does this mean?
• Hiring is slowing down
• Economic momentum is cooling down
• Wage pressure may decrease
🏦 Impact on FED:
Weak labor data means that pressure will increase on the Federal Reserve to make further rate cuts/easing in 2026 to support the economy.
📉 Big Picture:
Higher unemployment → weaker growth signals → dovish Fed expectations
⚠️ This data is extremely important for the markets because the next direction of monetary policy is decided from here.
💬 What are you expecting?
More rate cuts or just temporary weakness? 👇