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The US non-farm employment data for October was unexpectedly low, leading traders to increase their bets on the Federal Reserve cutting interest rates by 25 basis points

The US non-farm employment data for October was unexpectedly low, leading traders to increase their bets on the Federal Reserve cutting interest rates by 25 basis points

Bitget2024/11/02 01:25

The U.S. non-farm employment data for October greatly surprised (12,000 people), causing traders to increase their bets on the Federal Reserve cutting interest rates by 25 basis points next week.

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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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