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BTC $78,435.88 -0.89%
ETH $2,485.66 -0.25%
BNB $752.40 +1.63%
XRP $1.42 +1.30%
SOL $103.34 -0.57%
TRX $0.3388 +1.31%
DOGE $0.0900 -0.65%
ADA $0.2194 -0.59%
BCH $258.45 -0.19%
LINK $12.52 -1.82%
HYPE $85.03 -0.24%
AAVE $128.77 -2.69%
SUI $0.8116 -0.96%
XLM $0.1877 -3.02%
ZEC $1,176.79 +3.42%

Deutsche Bank: Non-farm data may determine whether the Federal Reserve will cut rates by another 50 basis points

2024-10-04 16:31:56

ChainCatcher message, the interest rate strategist at Deutsche Bank stated that as long as the non-farm data generally aligns with a soft landing, the Federal Reserve does not seem to face pressure to cut rates by another 50 basis points. The strong demand for safe-haven assets due to recent geopolitical tensions has also subsided.

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