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effizypo1995
Nonfarm payrolls released, September added only 29,000, far below the expected 90,000, unemployment rate rose to 4.2%. Employment is indeed cooling down, but does this mean the Fed will immediately open the rate cut channel? 🤔
Not necessarily. Rate cut trades still depend on inflation stickiness, financial conditions, and policy wording. Currently, US Treasury yields remain high, the dollar hasn't weakened significantly, and the market hasn't fully bet on "weak jobs = immediate easing."
Miễn trừ trách nhiệm: Nội dung OKX Orbit chỉ để tham khảo. Tìm hiểu thêm
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