๐ July Fed Rate Cut? Not So Fastโฆ
๐บ๐ธ The latest U.S. job data has shifted the narrative โ and traders are now pulling back bets on a July interest rate cut by the Fed.
๐ Whatโs Driving the Shift?
โ Unemployment rate came in lower than expected
โ Job additions exceeded analyst forecasts
๐ก Signals a resilient labor market, giving the Fed room to pause and assess
๐ With strong economic data and upcoming tariff impacts in play, the Fed is less pressured to act fast โ and more likely to adopt a wait-and-see approach.
๐ This change in sentiment could ripple through equities, bonds, and crypto in the coming weeks.
#FederalReserve #InterestRates #USJobs #FOMC #MacroEconomy
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