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ZEC $1,182.33 +2.90%
BTC $78,778.14 -0.63%
ETH $2,490.92 -0.31%
BNB $752.76 +1.45%
XRP $1.42 +0.84%
SOL $103.55 -0.64%
TRX $0.3386 +1.15%
DOGE $0.0900 -1.27%
ADA $0.2181 -1.83%
BCH $257.86 -1.31%
LINK $12.48 -2.37%
HYPE $85.45 +0.30%
AAVE $129.18 -2.39%
SUI $0.8136 -1.84%
XLM $0.1874 -2.83%
ZEC $1,182.33 +2.90%

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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