BREAKING: Odds of a September rate cut have surged to 75.5% following today's labor market data.
Just 24 hours ago, the probability was under 45%.
Now markets are pricing in a near-certain rate cut at the Sept 17 FOMC meeting.
📉 Unemployment ticked up
📊 Jobs data was revised lower
📉 Inflation expectations are easing
The Fed is cornered. The pivot is in sight.
Rate cut = more liquidity = bullish for crypto & risk assets.
Eyes now on CPI – a slowdown could seal the deal.