▫️ [Market analysis: Strong labor market and higher-than-expected inflation, the Federal Reserve has no reason to cut interest rates] According to foreign media, macro analysts said that US nonfarm data showed little sign of a weakening economy. derailment or policies that are too strict. Employment in the US grew strongly with 303,000 jobs in March. It is worth noting that the labor force participation rate unexpectedly increased to 62.7%. This keeps the unemployment rate at an expected 3.8%. Household employment increased by 498,000, so the strength in job growth appears to be "real." The Fed may take some comfort from the rising employment participation rate and the fact that strong job growth has not led to accelerated wage growth. Then it's hard to justify cutting interest rates when the labor market is so strong and inflation is above target.#binance #bitcoin #BinanceVietnamSquare