Sentiment: Positive
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Market has started to price in a 10% chance of a 25bps rate hike, due to jobs data
By James Van Straten at 2026-05-05 01:25
Sentiment: Positive
Quick Take The U.S. unemployment rate moves down to 3.4%, the lowest level since 1969. Payroll data came in at 253,000, with an expectancy of 185,000. The market is currently pricing in a pause, but 25bps was not considered before today; now, there is a 10% chance. This would take the fed funds rate to […] The post Market has started to price in a 10% chance of a 25bps rate hike, due to jobs data appeared first on CryptoSlate. Continue reading...
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