🇺🇸 U.S. Jobs Report Shocker: NFP Slumps—What’s the Fed’s Next Move?
Today’s Non-Farm Payrolls (NFP) report delivered a clear signal: the U.S. job market is cooling. With only 110,000 jobs added, this is a sharp miss from historical averages.
🔹 Unemployment Rate rose to 4.3%, hinting that more Americans are struggling to find work.
🔹 Wage growth remained flat, offering little cushion for households facing inflation.
🔹 The earlier ADP private sector report also showed a surprise drop, reinforcing the slowdown narrative.
📉 This weaker-than-expected labor data raises serious questions about the broader economic outlook. The spotlight now turns to the Federal Reserve:
— Will it delay rate cuts, hoping inflation softens further?
— Or could it accelerate policy easing to prevent deeper economic weakness?
📊 Markets are on edge. Risk assets like crypto and equities could react sharply to any hint from the Fed’s next move.
Stay tuned — the coming weeks could set the tone for Q3.
