Jobless claims for the week ending December 20 came in stronger than expected—214k versus forecasts of 224k, and a drop from the prior week's 224k. This beat signals some resilience in the U.S. labor market, which could shape Federal Reserve policy and ultimately crypto market sentiment heading into year-end.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
AlphaWhisperervip
· 4h ago
So the Fed still has to continue holding... The crypto market's year-end depends again on the US's stance.
View OriginalReply0
ResearchChadButBrokevip
· 4h ago
It's another hawkish data point🤔 The labor market is still holding up, and the Fed is likely to continue with a hard landing. Don't be too optimistic before the end of the year.
View OriginalReply0
GhostChainLoyalistvip
· 4h ago
The labor data looks good. Now the Fed will have to consider whether to continue cutting interest rates, which will directly impact the trend in our crypto circle.
View OriginalReply0
quietly_stakingvip
· 4h ago
Whoa, employment data unexpectedly good? Wait, what impact does this have on the crypto world...
View OriginalReply0
ILCollectorvip
· 4h ago
Better-than-expected labor data is indeed a signal, but the real question is whether the Federal Reserve will actually stop raising interest rates... This is too critical for the crypto world.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)