Deutsche Bank: Non-farm payroll data may determine whether the Federal Reserve will cut interest rates by another 50 basis points
The interest rate strategist at Deutsche Bank stated that as long as the non-farm data generally aligns with a soft landing, it seems that the Federal Reserve will not face pressure to cut rates by 50 basis points again. The recent strong demand for safe-haven assets due to geopolitical tensions has also subsided.
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.
You may also like
Bessent: The overall economy is not facing a recession risk
Michael Saylor launches "HODL or Sell This Week" poll: Nearly 80% choose not to sell
Data: The number of addresses holding at least 10,000 BTC has reached 90, hitting a 5-month high
Bitwise CEO concludes survey on market crash response measures, with over 43% choosing "buy"