#عاجل : The slowdown in the labor market raises expectations for a rate cut #الفائدة
The unemployment rate rose to 4.6%, exceeding expectations of 4.5%, and marking an increase from 4.4% last month.
Job growth reached 64,000 jobs, surpassing expectations, but is much lower than the 119,000 jobs in the previous month.
📉 The rise in the unemployment rate is more significant than a slight improvement in job growth.
📊 The labor market is experiencing a slowdown, increasing the likelihood of a rate cut to 29% from 24%.
#FOMCWatch #USNonFarmPayrollReport #USChinaDeal
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