๐จ RATE HIKE HOPES KILLED BY NEW JOBS DATA ๐จ
Today's brutal labor data likely locks in a Fed pause as the economy cools rapidly:
๐ Jobs Added: Only 29K (vs. 90K expected / 162K last month)
๐ผ Unemployment: Rose to 4.2% (Highest since June 2026)
๐ Inflation: PCE data already came in lower than expected this week
With inflation dropping and the labor market feeling the squeeze, the Fed cannot afford to hike interest rates further.
$IOTA \(BAT\)AKE #FedOctoberRateHikeOddsFallTo17% #iqralogichub
Today's brutal labor data likely locks in a Fed pause as the economy cools rapidly:
๐ Jobs Added: Only 29K (vs. 90K expected / 162K last month)
๐ผ Unemployment: Rose to 4.2% (Highest since June 2026)
๐ Inflation: PCE data already came in lower than expected this week
With inflation dropping and the labor market feeling the squeeze, the Fed cannot afford to hike interest rates further.
$IOTA \(BAT\)AKE #FedOctoberRateHikeOddsFallTo17% #iqralogichub