#ProjectCrypto Markets Call Powell’s Bluff: Weak Jobs Data Shatter Confidence in the Fed
Confidence in Federal Reserve Chair Jerome Powell has taken a serious hit. Just one disappointing U.S. employment report was enough to dismantle the illusion of a “resilient labor market” that Powell had defended earlier this week. Markets reacted immediately, and a September interest rate cut is once again on the table — now with a much higher probability than before.#TrumpTariffs $BTC