🚨 BREAKING: US JOBS DATA 🚨
🇺🇸 US Unemployment Rate rises to 4.6%
📊 Expectation: 4.5%
The labor market is showing further signs of cooling, coming in slightly weaker than forecast. This adds to the growing evidence that economic momentum is slowing.
📉 What this means for markets:
A softer job market strengthens the case for Fed rate cuts
Rate-cut expectations are likely to increase in coming meetings
Bullish for risk assets like crypto and equities, short-term volatility possible
🔍 Markets will now shift focus to upcoming inflation and Fed commentary to confirm the policy direction.
Stay alert — macro data continues to drive crypto sentiment. 🚀
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