#fedoctoberratehikeoddsfallto17%
📉 The likelihood of a Federal Reserve rate hike in October has fallen to 17%
🇺🇸 Today’s US jobs data reduced hopes for a Federal Reserve rate hike.
The unemployment rate in the United States rose to 4.2%, the highest level since June 2026.
The US economy added only 29,000 jobs, while market expectations were around 90,000 jobs.
In the past month, the economy added 162,000 jobs, so the labor market is heading toward weakening.
This week’s PCE inflation data was also below expectations.
With slowing inflation and a cooling labor market, chances of a Federal Reserve rate hike are declining.
This could be positive for the crypto market. 📈
Follow-up, please
$IOTA $BAT $AKE
📉 The likelihood of a Federal Reserve rate hike in October has fallen to 17%
🇺🇸 Today’s US jobs data reduced hopes for a Federal Reserve rate hike.
The unemployment rate in the United States rose to 4.2%, the highest level since June 2026.
The US economy added only 29,000 jobs, while market expectations were around 90,000 jobs.
In the past month, the economy added 162,000 jobs, so the labor market is heading toward weakening.
This week’s PCE inflation data was also below expectations.
With slowing inflation and a cooling labor market, chances of a Federal Reserve rate hike are declining.
This could be positive for the crypto market. 📈
Follow-up, please
$IOTA $BAT $AKE