Institution: Strong US non-farm data indicates that the Federal Reserve will implement a smaller interest rate cut next week

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Cointime2024/11/01 12:22

By:Cointime

Joe Davis, Chief Economist at Vanguard, believes that the Federal Reserve is expected to choose a 25 basis point interest rate cut at next week's policy meeting, especially if the US non-farm employment data shows a stable employment market. Tonight's employment report is the last important economic indicator before the Federal Reserve makes a decision next week. Despite the impact of Hurricane Helen and the Boeing strike, the labor market is expected to remain strong.

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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Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

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Bitget-RWA•2025/09/12 06:14