Analysis: Powell has made this week's non-farm payroll data especially important; if the labor market data falls short of expectations, it will significantly increase rate cut expectations.

By: theblockbeats.news|2025/09/03 21:12:20
0
Share
copy

BlockBeats News, September 3rd: Antje Praefcke, a foreign exchange analyst at Deutsche Bank, pointed out that in his speech at the Jackson Hole symposium, Powell emphasized the downside risks facing the economy and employment. This is to balance the market's and the Federal Open Market Committee colleagues' expectations of interest rate cuts with the inflation risks that tariffs may bring. The focus on current labor market data has far exceeded the usual level, and the weight of the impact of this data will also be significantly increased.

This naturally also means that if the labor market data falls short of expectations, it may further significantly increase the market's expectations of a Fed rate cut, and may even reignite expectations of one or more 50 basis point rate cuts.

If this scenario occurs, it is expected that the US dollar will once again suffer a severe setback. If tomorrow's ADP data is lower than expected (market consensus is 80,000 people), it may set the stage for this bearish sentiment towards the dollar—although this index ultimately has little predictive significance for Friday's non-farm payrolls data. (FX678)

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more