Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Jin10: The Federal Reserve may not close the door to rate cuts in March

Jin10: The Federal Reserve may not close the door to rate cuts in March

Bitget2024/01/29 05:49

According to Jinshi data, the main issue facing the Federal Reserve at this week's policy meeting is what signal Powell will send regarding the possibility of a rate cut in March. It is expected that Fed officials will not change rates at this meeting, but will prepare for future monetary easing.

The market expects a 50% chance of a rate cut in March. Reasons for the rate cut include declining inflation and avoiding an economic recession. Decisions regarding adjustments to the balance sheet will be announced at subsequent meetings.

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
The probability of the Federal Reserve cutting interest rates by 25 basis points this week is 96.4%.
2
Trump Again Urges U.S. Appeals Court to Approve Dismissal of Federal Reserve Governor Cook

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,930.08
+0.03%
Ethereum
Ethereum
ETH
$4,622.47
-0.79%
XRP
XRP
XRP
$3.05
-2.39%
Tether USDt
Tether USDt
USDT
$1
+0.00%
Solana
Solana
SOL
$241.67
+0.16%
BNB
BNB
BNB
$933.63
+0.20%
USDC
USDC
USDC
$1
+0.03%
Dogecoin
Dogecoin
DOGE
$0.2799
-2.88%
TRON
TRON
TRX
$0.3490
-0.25%
Cardano
Cardano
ADA
$0.8911
-4.13%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter