US Labor Market Hot Despite Rate Hikes, Unemployment Stays at 3.6%
The jobs report beat the estimates, but even if it hadn't, the markets would lose.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
While the White House track record is spotty, the latest inflation framing has some merit.
The jobs report beat the estimates, but even if it hadn't, the markets would lose.
Retail trading frenzy comes to an end as necessities take priorities.
With global markets experiencing uncertainty, traditional indicators might not be the best gauges.
The Fed's tight-roping acrobatics will have to impress to avoid US stagflation.
For the first time since August 2021, the US annualized inflation rate decreased.
The Fed might begin a reduction of its balance sheet by May in a bid to address surging inflation in the US.
Can the Fed continue to act as the world's bank with the USD in potential peril as the global reserve currency?
Chairman Jerome Powell said the central bank is winding down its intense monetary policy support.
Cumulative negative effects are the most effective at creating excess fear sentiment.
The US has confiscated $1.2 billion worth of digital assets so far this year, which is 1,700x more than the crypto seizure in 2019.
Inflation rose by 6.2%, followed by Bitcoin hitting a new all time high.
The Federal Reserve has banned policymakers and senior staff from trading and purchasing individual securities.