Fed’s Crucial Move Ahead: What’s Next for the U.S. Economy and Bitcoin?
- U.S. job growth exceeds forecasts, but economists warn about the delayed impact of tariffs.
- Markets remain cautious, focusing on U.S.-China trade talks and Federal Reserve actions.
- Bitcoin’s price falls below $95K as economic uncertainties rise ahead of the Fed’s meeting.
The recent economic report showed contradictory indicators within the U.S. economy. Nonfarm payrolls rose by 177K in April, exceeding analyst predictions of 133K, signaling job growth. However, the unemployment rate showed no change, staying at 4.2%, which indicates the labor market maintained its current state. The economic future remains unclear because economists warn that the complete impact of recent tariff restrictions has yet to materialize.
Financial markets reacted with measured approaches after receiving the economic numbers. The S&P 500 extended its consecutive winning pattern to 10 days, reversing the market declines that occurred after the Liberation Day.
U.S.-China Trade Uncertainty
Markets focus on U.S.-China trade discussions and Federal Reserve policy actions following the completion of the earnings reporting cycle. President Trump officially declared he would avo…
The post Fed’s Crucial Move Ahead: What’s Next for the U.S. Economy and Bitcoin? appeared first on Coin Edition.
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Cardano Makes Big Leap as Bitcoin Moves Cross-Chain Without Bridge
Fed’s Crucial Move Ahead: What’s Next for the U.S. Economy and Bitcoin?
- U.S. job growth exceeds forecasts, but economists warn about the delayed impact of tariffs.
- Markets remain cautious, focusing on U.S.-China trade talks and Federal Reserve actions.
- Bitcoin’s price falls below $95K as economic uncertainties rise ahead of the Fed’s meeting.
The recent economic report showed contradictory indicators within the U.S. economy. Nonfarm payrolls rose by 177K in April, exceeding analyst predictions of 133K, signaling job growth. However, the unemployment rate showed no change, staying at 4.2%, which indicates the labor market maintained its current state. The economic future remains unclear because economists warn that the complete impact of recent tariff restrictions has yet to materialize.
Financial markets reacted with measured approaches after receiving the economic numbers. The S&P 500 extended its consecutive winning pattern to 10 days, reversing the market declines that occurred after the Liberation Day.
U.S.-China Trade Uncertainty
Markets focus on U.S.-China trade discussions and Federal Reserve policy actions following the completion of the earnings reporting cycle. President Trump officially declared he would avo…
The post Fed’s Crucial Move Ahead: What’s Next for the U.S. Economy and Bitcoin? appeared first on Coin Edition.
Read More