Recent U.S. labor market data has come in weaker than expected, fueling speculation that the Federal Reserve will begin "easing" (cutting interest rates) sooner rather than later.
Economic Cooling: Slower job growth signals that the Fed’s previous interest rate hikes are working to cool the economy. To prevent a recession, the Fed is now expected to pivot toward a more "dovish" monetary policy.
The "Easy Money" Effect: Interest rate cuts reduce the strength of the US Dollar and make borrowing cheaper. Historically, this environment is the primary fuel for massive bull runs in both the stock market and the cryptocurrency market.
