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XLM $0.2067 -7.73%
ZEC $627.53 -0.26%

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
Collection

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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