SEPTEMBER RATE HIKE ODDS JUST JUMPED TO 60.2% 🇺🇸
The US labor market is showing serious strength:
🔹 Unemployment: 4.1%, unchanged
🔹 Jobs added: 162K vs. 53K expected
🔹 Private jobs: 127K vs. 45K expected
That’s a huge beat.
A stronger-than-expected labor market gives the Fed more room to keep rates higher for longer, and markets are now pricing a 60.2% probability of a 375–400 bps target rate, up from 39.8% for 350–375 bps.
Higher-for-longer could mean more pressure on risk assets, including $BTC .
#BTC #Bitcoin Price Prediction: What is Bitcoins next move?#
The US labor market is showing serious strength:
🔹 Unemployment: 4.1%, unchanged
🔹 Jobs added: 162K vs. 53K expected
🔹 Private jobs: 127K vs. 45K expected
That’s a huge beat.
A stronger-than-expected labor market gives the Fed more room to keep rates higher for longer, and markets are now pricing a 60.2% probability of a 375–400 bps target rate, up from 39.8% for 350–375 bps.
Higher-for-longer could mean more pressure on risk assets, including $BTC .
#BTC #Bitcoin Price Prediction: What is Bitcoins next move?#
