🔥 MAXIMUM ALERT! The FED under pressure due to weak jobs data 🔥
🤯 New signs of weakness in the US economy could force the FED to CUT interest rates sooner than expected…
🔍 What happened today?
👉 Weekly unemployment claims rose to 247,000, when only 236,000 were expected.
📉 In addition, yesterday's ADP private employment data showed a worrying slowdown.
💥 This paints a picture of a weakening labor market, just as inflation continues to fall… Everything points to a possible rate cut!
🇪🇺 Meanwhile, the European Union has already cut its interest rate for the TENTH time, putting even more pressure on the US to keep up with its competitiveness.
📉 Is a #Bitcoin and #cryptocurrency rally coming if the Fed gives in?
