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Fed’s Bostic: Still Expects One Rate Cut This Year

Fed’s Bostic: Still Expects One Rate Cut This Year

BlockBeats2025/08/01 19:33

BlockBeats News, August 1—Federal Reserve’s Bostic stated that employment data is important, but revisions are even more significant. The job market has slowed from robust levels. Inflation risks far outweigh employment risks. Currently, it is still expected that there will be one rate cut this year. (Jin10)

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.

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Data: Bitcoin spot ETF saw a total net outflow of $51.2824 million yesterday, marking the first net outflow after net inflows over the past 7 days.

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