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After the release of the U.S. job vacancy data, traders increased their bets on a rate cut by the Federal Reserve

2024-10-29 22:23:45
Collection

ChainCatcher news, according to Jinshi, U.S. short-term interest rate futures rose slightly after the U.S. job openings data was released, as traders increased their bets on a Federal Reserve rate cut.

The number of job openings in the U.S. for September fell to the lowest level since early 2021, with an increase in layoffs, which is consistent with a slowdown in the labor market. The Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Bureau of Labor Statistics on Tuesday showed that vacancies in August decreased from a downwardly revised 7.86 million in July to 7.44 million.

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