The U.S. Department of Labor's employment report for July 2025 showed an addition of 147,000 jobs, exceeding the forecast of 110,000. Nonetheless, the Federal Reserve maintains a cautious policy.
Current Employment Report
The U.S. employment report indicated an increase of 147,000 jobs for July 2025, with an unemployment rate of 4.1%. This figure exceeded expectations, highlighting resilience in the labor market. However, there is noticeable softness in the private sector, with nearly half of the gains coming from the government sector, while manufacturing and retail jobs declined.
Federal Reserve's Policy
The Federal Reserve continues to adopt a 'wait-and-see' policy despite the positive report results. Currently, prominent figures like Jerome Powell have not commented on the report, emphasizing the need for further data. Changes in policy are not expected now, since there are no signs of urgent inflation or labor overheating.
Impact on the Crypto Market
The impact on the crypto market remains muted. The Fed's ongoing cautious approach restrains volatility in the crypto market. Investors and traders are awaiting further guidance from the Fed, as similar data in the past have led to delayed actions by the regulator. The crypto market remains stable, looking for new economic indicators or FOMC comments.
The U.S. employment data highlights resilience in the labor market, but significant challenges remain. Expectations regarding the Fed's policy remain cautious, which may contribute to stability in the crypto market in the short term.
