Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Expectations of a Fed rate cut continue to rise, and many banks have lowered interest rates on their US dollar deposit products

Expectations of a Fed rate cut continue to rise, and many banks have lowered interest rates on their US dollar deposit products

CointimeCointime2024/08/21 02:40
By:Cointime

The market's expectation of a rate cut by the Federal Reserve in September has increased, and high-yield US dollar deposits continue to receive attention. It is reported that although the Federal Reserve has not officially lowered interest rates, some banks have already lowered the interest rates of US dollar deposits. At the same time, the performance of some US dollar wealth management products has also declined compared to before. Industry insiders suggest that the possibility of a rate cut by the Federal Reserve is increasing, which means that the interest rates of US dollar deposits will enter a downward trend in the future. When investors buy related products, they need to pay attention to the impact of interest rate and exchange rate fluctuations on actual returns.

0

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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!