CoinScoopUS Non-Farm Payrolls Surge Triggers Fed Rate Hike Bets; Trump Threatens Trade Curbs
The U.S. non-farm payrolls for August increased by 162,000, significantly exceeding economist expectations and pushing the probability of a Federal Reserve rate hike above 60%. Following the report, Bitcoin experienced a sharp decline. Meanwhile, Donald Trump stated that if the Fed fails to cut interest rates, he would act as a patriot and cut off trade with all countries that maintain a trade deficit with the U.S.
Summaries are written by AI from the original article. Not investment advice.