๐ Nonfarm Payrolls Data Takes a Dive! ๐จ
Todayโs Nonfarm Payrolls report from Bloomberg reveals shocking news: hiring rates have hit their lowest point since 2020. The culprits? Significant strike actions at Boeing Co. and the fallout from recent hurricanes.
Whatโs in store for the Fed?
With 0% chances of a pause at the upcoming Federal Reserve meeting, market watchers are bracing for a 25 bps rate cut, now with an impressive 98.3% probability!
As the financial landscape shifts, keep a close eye on these developments and their potential impact on your investment strategies.
Stay informed, stay ahead!
