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June Nonfarm Payrolls Miss Hard at 57,000, Dimming Fed Rate-Hike Odds

U.S. employers added only 57,000 jobs in June, far below the 110,000 forecast and May's revised 129,000 gain. The miss pushed the probability of a Fed rate hike by September down from 65% to 50%, while bitcoin and Treasury yields moved on the news.

July 2, 2026

June Nonfarm Payrolls Miss Hard at 57,000, Dimming Fed Rate-Hike Odds