#jobsreportraiseshikeodds
Yesterday’s (released today) October jobs report significantly increased the likelihood of the Fed raising interest rates:
📊 What did the report show?
🇺🇸 The U.S. economy created 165,000 new jobs in October (expectations were ~65,000) → 2.5 times as many
📉 Unemployment fell to 4.1% (previously: 4.2%)
🔧 August + September figures were revised upward by a total of 84,000
💰 Hourly wages rose 0.4% month over month and 3.1% year over year
🏦 Impact on the Fed:
The Fed had raised interest rates in September for the first time since 2023 → to a range of 3.75–4.00%
📈 The likelihood of another 25-basis-point hike at the December 8–9 meeting jumped from 66–70% to ~77–80%
🎯 Inflation is still at 3.7% (target: 2%) → the Fed is signaling “further tightening”
In short: A strong labor market + high inflation = the likelihood of the Fed raising interest rates once again in December has increased significantly 🚀
$CYBER $ICNT $ONE
Yesterday’s (released today) October jobs report significantly increased the likelihood of the Fed raising interest rates:
📊 What did the report show?
🇺🇸 The U.S. economy created 165,000 new jobs in October (expectations were ~65,000) → 2.5 times as many
📉 Unemployment fell to 4.1% (previously: 4.2%)
🔧 August + September figures were revised upward by a total of 84,000
💰 Hourly wages rose 0.4% month over month and 3.1% year over year
🏦 Impact on the Fed:
The Fed had raised interest rates in September for the first time since 2023 → to a range of 3.75–4.00%
📈 The likelihood of another 25-basis-point hike at the December 8–9 meeting jumped from 66–70% to ~77–80%
🎯 Inflation is still at 3.7% (target: 2%) → the Fed is signaling “further tightening”
In short: A strong labor market + high inflation = the likelihood of the Fed raising interest rates once again in December has increased significantly 🚀
$CYBER $ICNT $ONE
