U.S. interest rate futures just flipped
Following fresh payrolls data, markets now price in a 75% chance the Fed cuts rates by 25bps in September - up from 45% before the jobs report.
Here’s what it means:
✅ The labor market is cooling
✅ Rate cuts are (back) on the table
✅ Liquidity could return sooner than expected
✅ Risk assets especially crypto are watching closely
The Fed pivot narrative is alive again and markets are already front-running it
