Wall Street calls Powell’s bluff after weak US jobs print, puts September rate cut back on the table
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最新报道：Federal Reserve Chair Jerome Powell indicated potential interest rate cuts later this year after a weaker-than-expected U.S. jobs report showed only 175,000 new jobs in April, below forecasts. Wall Street rallied on the news, with the S&P 500 up 1.3% and Bitcoin briefly surpassing $63,000 before settling around $62,500. Analysts suggest the Fed may ease monetary policy if economic data continues to soften, though Powell emphasized decisions remain data-dependent. The jobs slowdown has fueled market optimism for reduced borrowing costs amid cooling inflation pressures.
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