Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Analyst: Wouldn't be surprised if expectations for interest rate cuts approach zero

Analyst: Wouldn't be surprised if expectations for interest rate cuts approach zero

Bitget2025/02/12 14:22

IDX INSIGHTS Chief Investment Officer Ben Mcmillan: Seeing this happen with the CPI, especially considering the strong performance of the energy market in recent months, is not very surprising. Last night Powell sent a "hold steady" signal and stocks were sold off quite heavily. I think Powell will reiterate today "not to hold too much hope for more than one rate cut this year". The market has already digested two rate cuts this year. If this number starts to approach zero, I won't be surprised.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Opinion: Bitcoin Lacks Buying Support Below $104,800
2
Opinion: Ethereum is entering its final adjustment phase and may still dip to the $3,400 range

Crypto prices

More
Bitcoin
Bitcoin
BTC
$104,287.37
-3.47%
Ethereum
Ethereum
ETH
$3,515.67
-5.55%
Tether USDt
Tether USDt
USDT
$0.9996
-0.04%
XRP
XRP
XRP
$2.28
-5.15%
BNB
BNB
BNB
$952.54
-6.75%
Solana
Solana
SOL
$161.72
-7.77%
USDC
USDC
USDC
$0.9997
-0.03%
TRON
TRON
TRX
$0.2813
-4.05%
Dogecoin
Dogecoin
DOGE
$0.1656
-5.20%
Cardano
Cardano
ADA
$0.5442
-5.71%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter