Back to the early morning of Wednesday, August 21, when most people were still asleep, the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor quietly released the revised non-farm employment data for the past year ending in March. This data is like a stone thrown into a calm lake, stirring up ripples. The data shows that in the past year, the employment population growth rate in the United States was only 1.3%, and the number of employed people was initially revised down by 818,000. This figure far exceeded the market's previous expectations. It is not difficult to find that this is the largest downward adjustment of employment in 15 years. This phenomenon undoubtedly sends us a strong signal: the cooling of the labor market may be longer than we previously imagined, and it may even turn into a long-lasting winter.

What is even more remarkable is that the release of this data not only shocked the market, but is also likely to affect ⚠️⚠️【“Fed Chairman Powell’s speech tone at the Jackson Hole Global Central Bank Annual Meeting this Friday.”】⚠️⚠️Before this, the market has paid great attention to the revision of US non-farm payrolls, and authoritative institutions such as Goldman Sachs have given the worst expectation - a downward revision of 1 million. And last night’s trading dynamics also fully reflected this market expectation. Traders have increased their bets on the Fed’s interest rate cuts, and it is expected that there will be a total of 100 basis points of interest rate cuts this year, which is in sharp contrast to the market’s general belief of less than 100 basis points. #MtGox钱包动态 #新币挖矿DOGS #杰克逊霍尔年会 #美联储何时降息？ #新币挖矿TON $BTC $ETH