📉 Fed Rate Hike Odds Drop to 17%
U.S. jobs data came in weaker than expected, with only 29K jobs added versus ~90K expected, while unemployment rose to 4.2%. With inflation also cooling, expectations for a Fed rate hike are declining.
This could be a positive signal for the crypto market, as softer economic data may reduce pressure for tighter monetary policy. 📈
Disclaimer: This is for informational purposes only and not financial advice. DYOR.
$IOTA $BAT $AKE
U.S. jobs data came in weaker than expected, with only 29K jobs added versus ~90K expected, while unemployment rose to 4.2%. With inflation also cooling, expectations for a Fed rate hike are declining.
This could be a positive signal for the crypto market, as softer economic data may reduce pressure for tighter monetary policy. 📈
Disclaimer: This is for informational purposes only and not financial advice. DYOR.
$IOTA $BAT $AKE
