🚨US job data just ruined the “rate cuts coming” crowd.
Everyone expected a weak print after yesterday’s comments… got the opposite.
• Unemployment: 4.3% vs 4.4% expected
• 130K jobs added in January — strongest since April 2025
• Private sector: +172K jobs — highest in a year
That’s not a slowdown. That’s a strong economy.
March rate cuts? Yeah… probably off the table now 📉