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 & block trade
Convert crypto with one click and zero fees
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
Powell signals support for further rate cuts as U.S. job market cools

Powell signals support for further rate cuts as U.S. job market cools

CointimeCointime2025/10/14 22:27
By:Cointime

Federal Reserve Chairman Powell warned on Tuesday that the U.S. labor market is showing further signs of distress, suggesting he may be prepared to support another rate cut later this month. Powell pointed out, "The downside risks to employment have increased." This is the strongest hint so far that Fed officials believe they have enough evidence to support another 25 basis point cut in U.S. borrowing costs. Powell added that even without new data from the Labor Department (delayed due to the government shutdown), private sector employment indicators and internal Fed research provide enough reason to suggest that the labor market is cooling off. "The available evidence" suggests that "layoffs and hiring are still low," while "household perceptions of job opportunities and businesses' perceptions of hiring difficulties continue to decline." These comments indicate that Powell is becoming more dovish on monetary policy.

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!

You may also like

Morning News | Citibank plans to launch crypto asset custody services next year; Pyth Network partners with Kalshi

An overview of important market events on October 13.

Chaincatcher2025/10/15 03:19
Morning News | Citibank plans to launch crypto asset custody services next year; Pyth Network partners with Kalshi

Who is Kyle Wool, who helped the Trump family earn 500 million dollars?

This article analyzes how investment bank Dominari Holdings Inc. and its president Kyle Wool leverage their close relationship with the Trump family to conduct highly profitable trades in the micro-cap stock sector. It also explores how this model enables Trump's two sons, Eric and Donald Jr., to quickly monetize their reputation and amass substantial wealth, while highlighting the potential conflicts of interest and fraud risks present in the micro-cap market and its IPOs.

Chaincatcher2025/10/15 03:19
Who is Kyle Wool, who helped the Trump family earn 500 million dollars?

An Overview of 12 Projects Scheduled for TGE in October

The TGE is expected to continue its peak in Q4.

链捕手2025/10/15 03:16
An Overview of 12 Projects Scheduled for TGE in October