Federal interest rate hike odds in October fall to 17%
🇺🇸 Today’s U.S. jobs data reduced expectations for a Federal rate hike.
📊 The unemployment rate in the United States rose to 4.2%, the highest level since June 2026.
👷 The U.S. economy added only about 29 thousand jobs, while forecasts pointed to roughly 90 thousand.
And last month, the economy added 162 thousand jobs, indicating that the labor market has started showing signs of weakness.
📉 Inflation PCE data released this week also came in below expectations.
With easing inflation and a weakening labor market, the odds of a Federal rate hike decline.
🚀 If this trend continues, it could be a positive factor for the crypto market.
$IOTA $BAT $AKE
#Fed #Crypto #Bitc
🇺🇸 Today’s U.S. jobs data reduced expectations for a Federal rate hike.
📊 The unemployment rate in the United States rose to 4.2%, the highest level since June 2026.
👷 The U.S. economy added only about 29 thousand jobs, while forecasts pointed to roughly 90 thousand.
And last month, the economy added 162 thousand jobs, indicating that the labor market has started showing signs of weakness.
📉 Inflation PCE data released this week also came in below expectations.
With easing inflation and a weakening labor market, the odds of a Federal rate hike decline.
🚀 If this trend continues, it could be a positive factor for the crypto market.
$IOTA $BAT $AKE
#Fed #Crypto #Bitc
