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U.S. May Nonfarm Payrolls Beat Expectations, Fed Rate Hike Probability Rises to 63%

2026-06-06 02:00:57

U.S. nonfarm employment increased more than market expectations in May, according to data released on June 6. Following the report, the probability of a Federal Reserve rate hike in December rose to 63%, with markets repricing expectations for further monetary policy tightening. Over the past three months, U.S. employment growth reached its strongest level in over two years.

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Lucas Bennett5h ago

US Non-Farm Payrolls Hit 172K, Bitcoin Reacts at $61,900

Lucas Bennett7h ago

Tonight, the US May non-farm payrolls report will be released; a more hawkish stance from the Federal Reserve could either impact or disrupt the crypto market

Gate Instant Trends16h ago

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