BLOWOUT US JOBS DATA = FEWER RATE CUTS !
-> December NFP: +256k vs 165k consensus
-> Unemployment rate: 4.1% vs. 4.2% consensus
-> Avg hourly earnings +0.28%MoM, in-line
-> Several big banks shifted their Fed forecasts to fewer or later-starting cuts
-> Bank of America no longer expects any cuts in 2025
Forwarded from: Crypto Patel
Forwarded from Telegram. NFA! DYOR!
