Market lowers expectations for Fed rate cut in 2024
According to the news from Jinshi, after the release of the March non-farm report, the US Dollar Index DXY continued to rise by nearly 40 points, now trading at 104.56; in the swap market, expectations for a Fed rate cut in 2024 have been adjusted, delaying the first date of fully pricing in a Fed rate cut from July to September.
Earlier news: The seasonally adjusted non-farm payrolls in the United States increased by 303,000 in March, far exceeding expectations and marking the largest increase since May 2023.
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
No wonder Buffett finally bet on Google
Google holds the entire chain in its own hands. It does not rely on Nvidia and possesses efficient, low-cost computational sovereignty.
HYPE Price Prediction December 2025: Can Hyperliquid Absorb Its Largest Supply Shock?
XRP Price Stuck Below Key Resistance, While Hidden Bullish Structure Hints at a Move To $3
Bitcoin Price Prediction: Recovery Targets $92K–$101K as Market Stabilizes
Trending news
MoreCrypto prices
More
