#USNonFarmPayrollReport
š US Non-Farm Payroll Report Update
The latest US Non-Farm Payroll (NFP) data shows slower job growth, signaling a cooling labor market.
While employment continues to expand, the pace is weaker than expectedāstrengthening expectations for future interest rate cuts by the Federal Reserve.
š¼ What it means: ⢠Economic growth is moderating
⢠Inflation pressure may ease
⢠Markets may remain optimistic about rate relief
š This report is closely watched by traders, investors, and policymakers worldwide.