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🇺🇸 Fed Rate Hike Case Weakens

Crypto Insider, @coinmarket

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🇺🇸 Fed Rate Hike Case Weakens The case for a Fed rate hike just got weaker. JOLTs job openings fell to 7.079M, below expectations, while job quits rose to 3.06M from July. More people left jobs as hiring slowed, a classic sign of softening labor demand. This alone will not decide the Fed’s decision. US unemployment data arrives Friday. If unemployment rises, the Fed will be forced to pause rates, as hiking into a weakening labor market could cripple the economy. ✅ Follow @cryp

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