#JuneJobsDataCoolsFedHikeBets
U.S. Nonfarm Payrolls rose by just 57,000 in June, well below expectations.
The labor market has finally tapped the brakes —
so does the Fed still have room to keep hiking?
📊 The unemployment rate slipped to 4.2%, while average hourly earnings rose 0.3% month over month.
Following the release, markets quickly pared back expectations for a near-term rate hike.
📝 Employment has started to cool.
Now, the next question is whether inflation will follow.
$NFT
$NEO
$NEX
U.S. Nonfarm Payrolls rose by just 57,000 in June, well below expectations.
The labor market has finally tapped the brakes —
so does the Fed still have room to keep hiking?
📊 The unemployment rate slipped to 4.2%, while average hourly earnings rose 0.3% month over month.
Following the release, markets quickly pared back expectations for a near-term rate hike.
📝 Employment has started to cool.
Now, the next question is whether inflation will follow.
$NFT
$NEO
$NEX