Non-farm payroll data confirms Waller and Bowman's case for rate cuts: labor market shows signs of weakness
US labor data supports calls for monetary easing, with US bond yields and the US dollar falling together. The 10-year bond yield is 4.295%, and the 2-year bond yield is 3.801%. In July, the US added only 73,000 jobs. The unemployment rate rose slightly from 4.1% to 4.2%. At the same time, previous data was significantly revised: job additions in May were revised from 144,000 to 19,000, and job additions in June were revised from 147,000 to 14,000. Prior to the release of the employment report, Fed governors Waller and Bowman, who held different opinions, indicated signs of weakness in the labor market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ECB shifts stance! Will interest rate hikes resume in 2026?
In the debate over "further tightening" versus "maintaining the status quo," divisions within the European Central Bank are becoming increasingly public. Investors have largely ruled out the possibility of the ECB cutting interest rates in 2026.
On the eve of Do Kwon's trial, $1.8 billion is being wagered on his sentence
Dead fundamentals, vibrant speculation.
Space Review｜When the US Dollar Weakens and Liquidity Recovers: Cryptocurrency Market Trend Analysis and TRON Ecosystem Strategy
This article reviews the identification of macro turning points and the capital rotation patterns in the crypto market, and delves into specific allocation strategies and practical approaches for the TRON ecosystem during market cycles.
30-Year Wall Street Veteran: Lessons from Horse Racing, Poker, and Investment Legends That Inspired My Bitcoin Insights
What I focus on is not the price of bitcoin itself, but rather the position allocation of the group of people I am most familiar with—those who possess significant wealth, are well-educated, and have successfully achieved compounding returns on capital over decades.
Trending news
MoreCrypto prices
More
