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Reading: Last minute: May 2 expected US data came, critical for the FED meeting
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EdaFace Newsfeed > Latest News > Crypto News > Last minute: May 2 expected US data came, critical for the FED meeting
Crypto News

Last minute: May 2 expected US data came, critical for the FED meeting

vitalclick
Last updated: May 2, 2025 1:36 pm
3 days ago
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King crypto currency The unit continues to find buyers over $ 96 thousand after the rise yesterday. The Fed meeting left the meeting and the US data, which is expected to determine the tone at the meeting, arrived at the time of preparation.

US data announced

Unemployment Rate iChina was at 4.2 %previous data and expectation. Non -agricultural employment was expected to be announced 138 thousand with a decrease in the previous month’s data. In the average gains, there was an increase of 0.1 % annually with an increase of 3.9 %. In order to further jam the FED, the weakening of employment becomes more obvious and wage increases must remain weak.

The data described as follows;

  • Non -agricultural employment announced: 177k previous: 228k
  • Average hourly earnings announced: 3.8 %previous: 3.9 %
  • Unemployment rate announced: 4.2 %(expectation and the same previous month)

BTC price After the data announced, he took back 97 thousand dollars. Although non -agricultural employment is above expectation, it is low compared to the previous month. The low average hourly earnings remain low for relaxation. And the unemployment rate is still strong. The data may not seem to force the Fed to take an attitude on Wednesday, as it does not seem to force a huge increase in the crypto.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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