WLFI project accused of freezing wallets and enforcing KYC

The September jobs report typically would have been published in the first week of October, but was delayed till now due to the government shutdown.

[The Interest Rate Swap Market Indicates Low Probability of Fed Rate Cut in December] On November 20, the interest rate swap market indicated that the probability of the Federal Reserve cutting rates in December is low. Although traders increased their bets on a Fed rate cut following the release of the latest economic data, it is still expected that the Fed will not cut rates in December.

[U.S. July and August Nonfarm Payroll Data Revised Down by a Total of 33,000] The U.S. Bureau of Labor Statistics released revised data: July nonfarm payrolls were revised down by 7,000 from +79,000 to +72,000; August nonfarm payrolls were revised down by 26,000 from +22,000 to -4,000. After the revision, the total increase in nonfarm payrolls for the two months decreased by 33,000.

[U.S. Weekly Initial Jobless Claims Lower Than Expected] The number of initial jobless claims in the U.S. for the week ending November 15 was 220,000, lower than the market expectation of 230,000.

[U.S. September Unemployment Rate at 4.4%, Higher Than Expected 4.30%] On November 20, the U.S. September unemployment rate was 4.4%, higher than the expected 4.30%, with the previous value at 4.30%.