#fedoctoberratehikeoddsfallto17%
đ October Fed Rate Hike Odds Fall to 17%
đșđž Todayâs U.S. jobs data reduced hopes of a Fed rate hike.
The U.S. unemployment rate increased to 4.2%, its highest level since June 2026.
The U.S. economy added only 29K jobs, while the market expected around 90K jobs.
Last month, the economy added 162K jobs, so the labor market is getting weaker.
This weekâs PCE inflation data was also lower than expected.
With inflation cooling and the job market getting weaker, the chances of a Fed rate hike are falling.
This could be positive for the crypto market. đ
$IOTA $BAT $AKE
đ October Fed Rate Hike Odds Fall to 17%
đșđž Todayâs U.S. jobs data reduced hopes of a Fed rate hike.
The U.S. unemployment rate increased to 4.2%, its highest level since June 2026.
The U.S. economy added only 29K jobs, while the market expected around 90K jobs.
Last month, the economy added 162K jobs, so the labor market is getting weaker.
This weekâs PCE inflation data was also lower than expected.
With inflation cooling and the job market getting weaker, the chances of a Fed rate hike are falling.
This could be positive for the crypto market. đ
$IOTA $BAT $AKE
