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
Bitcoin Price Prediction: BTC Price to Surpass $100K BEFORE or AFTER the Crypto Summit?
IOTA Price Prediction: Is This the Start of a Major Reversal?
Aave Price Prediction: Is the Correction Over or More Pain Ahead?
Why March 7 Is Crucial for Bitcoin and the Broader Crypto Market
Trending news
MoreCrypto prices
More
