Citi Delays Rate Cut Forecast as Unemployment Falls

Stronger-than-expected January employment data has altered expectations for U. S. monetary policy, prompting major banks and market participants to reassess the timing of the next Federal Reserve rate cut. The latest labor figures signaled resilience in hiring and unemployment trends, reducing the likelihood of near-term easing and influencing sentiment across equities and cryptocurrency markets. source: https://www.cryptoprowl.com/releases/citi-delays-rate-cut-forecast-as-unemployment-falls-3411