📉 FED RATE HIKE ODDS DROP TO 17%
TODAY’S JOBS REPORT DEALT ANOTHER BLOW TO RATE HIKE EXPECTATIONS.
The latest U.S. jobs data came in much weaker than expected.
🇺🇸 The unemployment rate climbed to 4.2%, its highest level since June 2026.
At the same time, the U.S. economy added only 29K jobs, far below the 90K expected.
That’s a sharp slowdown from last month, when 162K jobs were added.
The message from the labor market is becoming clearer: hiring is losing momentum.
With PCE inflation already coming in below expectations this week, weaker employment data makes another Fed rate hike look even less likely.
For now, the market is increasingly betting that the Fed will hold rates rather than tighten policy further.
$IOTA $BAT $AKE
TODAY’S JOBS REPORT DEALT ANOTHER BLOW TO RATE HIKE EXPECTATIONS.
The latest U.S. jobs data came in much weaker than expected.
🇺🇸 The unemployment rate climbed to 4.2%, its highest level since June 2026.
At the same time, the U.S. economy added only 29K jobs, far below the 90K expected.
That’s a sharp slowdown from last month, when 162K jobs were added.
The message from the labor market is becoming clearer: hiring is losing momentum.
With PCE inflation already coming in below expectations this week, weaker employment data makes another Fed rate hike look even less likely.
For now, the market is increasingly betting that the Fed will hold rates rather than tighten policy further.
$IOTA $BAT $AKE
