Phyrex|Feb 11, 2026 13:45
The latest non farm payroll data is still good, although I think the significance of the data in recent months is not significant anymore, the data can still drive short-term market changes.
In today's non farm economy, the unemployment rate dropped from 4.4% to 4.3%, and the non farm employment significantly exceeded the previous value and expectations. These two data show that the U.S. economy is improving. Although it may reduce the probability of the Federal Reserve cutting interest rates, for the current market, economic stability is more important. It is Trump's job to cut interest rates.
Secondly, the annual and monthly rates of wages are both increasing, which is also a signal of strong economic resilience. Workers' income from work can increase, and their consumption ability will also improve. So this data is quite helpful for the stability of the US economy.
When it comes to cutting interest rates, the market does not always focus on data, but on Trump and his appointed chairman of the Federal Reserve.
@bitget VIP, Lower rates and more generous benefits
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