#PowellWatch 🚨 Breaking Update
🇺🇸 U.S. Weekly Jobless Claims just came in higher than expected.
📊 Forecast: 226,000
📉 Actual: 235,000
This jump in unemployment claims signals that the labor market may be cooling down. A softer job market increases the chances of a Federal Reserve rate cut in the coming months.
👉 For markets, that could mean bullish momentum for risk assets like stocks and crypto. 🚀