🚨 JUST IN: US Jobs Data Surprise 🇺🇸
The US unemployment rate unexpectedly fell to 4.1%, beating forecasts of 4.3%. Meanwhile, 147K jobs were added in June, well above expectations.
💡 Market Impact:
• Stocks showing cautious optimism 📈
• Dollar strength weighing on some risk assets
• Fed rate cut bets pushed further out 📅
Analysts say the strong jobs report reduces recession fears but could delay rate cuts, keeping markets on edge.
What’s next? All eyes on upcoming inflation data and Fed signals.