🔥ATTENTION🔥
🤯Today's DATA is reigniting the ALARMS and could DRIVE the FED to CUT the interest RATE
What data was released today⁉️
👉Today the unemployment claims (data released week after week) were MORE than expected
▪️It was expected to FALL from 239K to 236K, but CLIMBED to 247K
▪️This, combined with the ALARMING ADP employment data from yesterday, indicates a WEAKENING in the labor market
▪️This could prompt the FED to CUT the interest rate, as inflation has been decreasing
👉On the other hand, the European Union CUT the interest rate for the TENTH time
▪️This is also a data point that could lead the FED to cut the interest rate to avoid losing competitiveness
#MarketPullback #Fed #EEUU #tasasdeinteres #TrumpTariffs $USDC