Of course, that sounds worrying for financial markets, including crypto, and it is – continued rate hikes will add downward pressure to assets. But more broadly, strong jobs numbers are no bad thing: Mass unemployment is far worse for society than a dreary asset market, at least in the short term.
Related posts
-
Report: Montenegro Agrees to Extradite Terraform Labs’ Do Kwon to the US
Montenegro has greenlit the extradition of Terraform Labs co-founder... -
Report: Binance Thwarted Scams to the Tune of $129M in 2024
The report was published by the exchange to highlight... -
Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report
Este artículo también está disponible en español. According to a recent report by Japanese cryptocurrency publication...