A miraculous scene appeared in the U.S. non-farm payrolls, not only did the 73,000 jobs fall short of the expected 103,000, but the even more exaggerated downward revision of 90% for May and June data, approaching 0 growth, directly shattered the Labor Department's 'brand'
This left economists and Wall Street dumbfounded, as 70% of economists this year believed there were issues with the non-farm data, and this time it was fully substantiated, all the data was fabricated, and all the previously serious analysis can be thrown into the waste paper pile
At the same time, Bowman and Waller, the 'two wolves', openly called for interest rate cuts, providing detailed analysis from the perspectives of inflation and employment, directly pressuring Powell
Other committee members also began to waver, with Hammack and Bostic respectively stating that this data is of great significance
And then there's the 'Understanding King', no need to say more, continuing to call for the Federal Reserve Board to 'take over' #加密市场回调 #美国初请失业金人数