Since Feb 2022, the U.S. unemployment is ATH.

Yesterday, the 🇺🇸 unemployment rate was released. It's 3.9% which is higher than forecast. The rate seems uptrend. However, it's less than 4.5%.

4.5% unemployment rate is a turning point for monetary policies of the FED. The more unemployment rate increasing, the more burderns for tightening monetary policies.

If the unemployment rate is more than 4.0% next month, the time when the federal funds rate cut starts will be coming.

I hope to see the sequent interest rate pause next month 🙏 Furthermote, I'm looking forward to seeing Santa 🎅 rally 📈 next month.