At 20:30 tonight, the U.S. will release the April CPI data 🚀🚀🚀
Core inflation in March has fallen to below 3%, with April NFP adding 177,000 jobs and the unemployment rate stable at 4.2%. However, the NFP data for February and March has been revised down by 58,000, suggesting that the labor market is not quite strong enough.
The current labor market remains robust, but inflation is still above the 2% target, putting the Federal Reserve in a delicate position, and short-term rate cut expectations have weakened.
Last night, Ethereum and Bitcoin experienced a continuous decline, and the current position is to observe for a while. Fans are about to set up ambushes for strong cryptocurrencies, leave a comment with 111.
