🇺🇸 unemployment rate is less than expected.

in H4LAB Research3 years ago (edited)

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Since the U.S. unemployment rate is uptrend, I thought the actual rate will be higher than expected. But, it was not. The U.S. labor market is strong, and the GDP growth rate is high, as well as, the CPI(Consumer Price Index) is decreasing. It seems that the U.S. economy is strong and robust.

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3 days later, the CPI(Consumer Price Index) will be released. The forecast of the CPI is 3.1%. If it is less than expected, U.S. stock and crypto market participants will be greeting with cheers 🤗 It seems possible that not only U.S stock indices but also BTC(Bitcoin) will break ATH(All Time High) next year.

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