🇺🇸JOBS SHOCK SHIFTS FED BETS
The US unexpectedly lost 23,000 jobs in July, while unemployment fell to 4.1%.
The weak report adds uncertainty ahead of the Fed’s September decision.
Kalshi traders now price a 62% chance of no change, versus 34% for a 25bp hike.
The Fed now faces a tougher balance between weaker jobs and persistent inflation.
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