US JOBS DATA JUST CHANGED THE FED EQUATION The US economy added 162,000 jobs in August. Expected: 55,000. Nearly 3× expectations. Unemployment stayed at 4.1%. July was also revised UP by 43,000, turning a previously negative number positive. So what does this mean for the Fed? The labor market is no longer giving the Fed a strong reason to cut. If employment is holding up while inflation remains above the Fed’s 2% target, policymakers have more room to keep rates higher — or even consider another hike. But there’s one BIG missing piece: August CPI on September 11. Strong jobs + sticky inflation = Hawkish Fed Strong jobs + cooling inflation = Fed can still hold For Bitcoin, this is the interesting part: The stronger the economy looks, the less urgent rate cuts become.