๐ด Bearish / ๐ข Bullish
๐จ US Jobs Blow Past Estimates, Fed Rate Hike Back in Play!
The August jobs report just dropped, showing 162,000 new jobs vs. 55,000 expected. This strong data reignites fears of a Fed rate hike in mid-September. However, Fed Gov. Waller's recent dovish comments softened the blow for now.
๐ Market Impact: Initial crypto dip on hawkish Fed fears, then a rebound. Expect volatility as markets digest inflation data next week. Macro still king.
#MacroUpdate #Fed
๐จ US Jobs Blow Past Estimates, Fed Rate Hike Back in Play!
The August jobs report just dropped, showing 162,000 new jobs vs. 55,000 expected. This strong data reignites fears of a Fed rate hike in mid-September. However, Fed Gov. Waller's recent dovish comments softened the blow for now.
๐ Market Impact: Initial crypto dip on hawkish Fed fears, then a rebound. Expect volatility as markets digest inflation data next week. Macro still king.
#MacroUpdate #Fed