Powell just dropped a bomb—turns out recent job numbers were inflated by around 60K. The Fed chair's admission adds another layer to the macro puzzle we're all watching. If employment data's been running hot on paper but cooler in reality, that shifts the whole narrative around rate cuts and risk appetite. For crypto traders eyeing liquidity conditions, this kind of revision matters more than most headlines. Overestimated job gains could mean the economy's softer than the numbers suggested, potentially accelerating the timeline for easing. Keep this on your radar when positioning for the next Fed move.
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CrashHotline
· 12-12 13:27
60k unemployment data shrinks, Powell's move this time is indeed interesting. Is there a data issue or is it intentional easing...
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metaverse_hermit
· 12-11 04:04
60k shrink? Haha, the Fed's move is a bit awkward.
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BlockDetective
· 12-10 20:13
Damn, a drop to 60K? That's a pretty harsh move...
Powell just dropped a bomb—turns out recent job numbers were inflated by around 60K. The Fed chair's admission adds another layer to the macro puzzle we're all watching. If employment data's been running hot on paper but cooler in reality, that shifts the whole narrative around rate cuts and risk appetite. For crypto traders eyeing liquidity conditions, this kind of revision matters more than most headlines. Overestimated job gains could mean the economy's softer than the numbers suggested, potentially accelerating the timeline for easing. Keep this on your radar when positioning for the next Fed move.