$NFP $XLM $LAB

Rate hike expectations have collapsed! Citi predicts a rate cut in October
📊 Fed July rate hike probability 33% → 20%, is a rate cut coming?

Key data changes:
• July rate hike probability: dropped from 33% to 20%
• June non-farm payroll increase: 57k (far below the expected 113k)
• ADP small non-farm: 98k, lowest in March
• US Dollar Index: broke below 101, biggest drop in two months

💡 Citi's latest forecast:
🔸 Reasons for rate hikes have completely disappeared
🔸 First rate cut of 25bp at the October 28 FOMC meeting
🔸 Another 25bp cut in December, year-end rate 3.0-3.25%
🔸 Three more cuts in 2027, terminal rate 2.75-3.0%

🔥 Positive path for the crypto space:
Rate cut → improved liquidity → risk assets rise → BTC benefits
USD weakening → "de-dollarization" narrative → digital gold benefits

⚠️ Risks:
• The CLARITY Act may be delayed until after mid-August
• Revolut delists USDT, requiring users to clear positions by August 31
• Japan shifts to "ambush-style intervention," yen may suddenly appreciate
#gStocks代币化股票上线 #非农爆冷打压加息预期 #预测世界杯巴西VS挪威
📊 Poll: With rate hike expectations cooling, do you think there will be a rate cut this year?
A. 🚀 Rate cut in October, big bull run is here!
B. 📊 Rate cut in December, mildly positive
C. 🤔 Uncertain, wait for subsequent data
D. 🙅‍♂️ Don't follow macro, only on-chain