$BTC $ETH
US non-farm data shines!
Will the Fed slow down its rate cuts?
The Financial Times recently conducted an in-depth analysis of the US non-farm data in December, and the results were shocking! The United States actually created 256,000 jobs in December, which not only far exceeded market expectations, but also provided the Fed with a solid reason to slow down the pace of rate cuts!
Specifically, the number of jobs announced by the US Bureau of Labor Statistics on Friday was as high as 256,000, which not only easily exceeded the 160,000 expected by analysts in a Reuters survey, but also higher than the 212,000 revised down in November. At the same time, the unemployment rate also fell to 4.1%, down from 4.2% in November.
In the global bond market, the release of December employment data also triggered a round of selling. Some investors believe that this data further strengthens the Fed's expectation that it will only cut interest rates slightly in 2025.
For this series of data and market expectations, we can't help but ask: Will the Fed's pace of interest rate cuts really slow down? What impact will this have on the global economy and financial markets? Let's continue to pay attention to subsequent market dynamics!