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ETH $2,500.94 +1.33%
BNB $755.40 +1.05%
XRP $1.44 +3.93%
SOL $104.61 +1.85%
TRX $0.3383 +0.27%
DOGE $0.0906 +1.47%
ADA $0.2206 +2.09%
BCH $259.70 +0.98%
LINK $12.57 -0.73%
HYPE $86.58 +2.94%
AAVE $130.11 -0.87%
SUI $0.8205 +1.00%
XLM $0.1906 +0.57%
ZEC $1,233.31 +8.73%

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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