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
GDS Analyst: February non-farm employment data supports the expectation of a Fed rate cut in June

GDS Analyst: February non-farm employment data supports the expectation of a Fed rate cut in June

Bitget2025/03/08 03:25

TechFlow news on March 7, according to Jinshi report, GDS Wealth Management analyst Glen Smith said that the non-farm employment data in February might change the Federal Reserve's interest rate path this year. The data showed that the number of new non-farm jobs in February was lower than expected, and the unemployment rate rose from 4% to 4.1%, with federal government employment decreasing by 10,000 people.

Smith pointed out that this report has not fully reflected most of DOGE's layoffs yet, but current data already supports a possible Fed rate cut in June. The market is paying attention to a speech by Federal Reserve Chairman Powell at 01:30 Beijing time on Saturday morning.

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: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!