US labor market adds 172,000 jobs in May, nearly doubling expectations

Rising Treasury yields and anticipated Fed rate hikes could shift investment from riskier assets to traditional fixed-income securities. The post Treasuries tumble as traders price in Fed rate hike after strong jobs data appeared first on Crypto Briefing.

Job growth exceeding expectations may sustain Fed's restrictive policy, impacting risk assets like Bitcoin and keeping inflation concerns alive. The post US adds 172,000 jobs in May, unemployment rate holds at 4.3% appeared first on Crypto Briefing.

Robust job growth reduces urgency for Fed rate cuts, influencing market expectations and potentially stabilizing economic policy outlook. The post US jobs beat expectations, easing Fed rate cut pressure appeared first on Crypto Briefing.

Stronger job growth may prompt the Fed to maintain or increase rates, impacting risk assets and delaying potential monetary easing. The post US government anticipates slower, steady job growth in May appeared first on Crypto Briefing.

Bitcoin fell below its 200-week moving average dropping below $61,000 for the first time since the 2022 bear market, triggered by a blowout May payrolls report that repriced Fed rate-cut expectations and exposed a $1.2 billion options wall at $60,000.

The unexpected job growth complicates monetary policy, potentially delaying rate cuts and impacting investment strategies across sectors. The post May jobs report crushes expectations with 172,000 new positions, complicating Fed rate cut hopes appeared first on Crypto Briefing.

Rising jobless claims and sluggish productivity growth may challenge the Fed's rate strategy, impacting economic stability and market dynamics. The post US weekly jobless claims rise to four-month high, productivity revised down appeared first on Crypto Briefing.

Rising jobless claims may prompt earlier Fed rate cuts, impacting Treasury yields, the dollar, and potentially boosting crypto markets. The post US jobless claims rise to 225K as labor market shows early cracks appeared first on Crypto Briefing.