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
U.S. inflation unexpectedly rose in January, supporting the Federal Reserve's slow interest rate cuts

U.S. inflation unexpectedly rose in January, supporting the Federal Reserve's slow interest rate cuts

Bitget2025/02/12 13:48

The annual inflation rate in the United States unexpectedly rose to 3% in January, economists had predicted that the inflation rate would stabilize at the level of 2.9% from December last year. This supports the Federal Reserve's rationale for slowly advancing interest rate cuts and has hit both stock markets and government bonds. The month-on-month increase in January also exceeded expectations, reaching 0.5%, higher than the expected 0.3%. After data was released, there was a significant sell-off of government bonds and stock futures. The yield on two-year US Treasury notes closely related to interest rate expectations soared to 4.37%. Futures for both S&P500 index and NASDAQ fell by more than 1%.

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!