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BCH $222.34 -1.03%
LINK $8.63 -0.71%
HYPE $58.81 -6.29%
AAVE $95.96 +1.32%
SUI $0.7604 -0.89%
XLM $0.1896 -1.12%
ZEC $514.53 -4.93%

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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