The United States will release August non-farm payrolls data this Friday. The number of new jobs is expected to be between 100,000 and 208,000, with a median of 163,000, and the unemployment rate is expected to gradually decline to 4.2%. The July non-farm data released in early August triggered BTC to plunge to 49,000. What about this time?
Bao previously stated at the Jackson Hole Central Bank Annual Meeting that the direction of future policy is clear, but the timing and pace of interest rate cuts will depend on new data, changing prospects and the balance of risks.
