7.5 Non-farm payrolls and unemployment data

Non-farm payrolls in June are expected to be 190,000

US unemployment rate in June is expected to be 4%

Both data will affect the decision on interest rates and the progress of interest rate cuts. Rising unemployment rates indicate that consumption is weakening, which is unfavorable to economic development, while falling unemployment rates indicate that the economy is improving! If it is higher than expected, it is bearish because it shows that employment is strong and inflation is still high; if it is lower than expected, it is positive! #心诚