Gold prices hit a new high, interest rate cuts are expected to rise to 90%.
2025-09-29 02:33:15
Gold rallied on Monday to set another record high on the back of a weaker dollar and expectations that the Federal Reserve could continue to cut interest rates later this year. Traders now see a 90% chance of the Fed cutting rates in October and about a 65% chance of a rate cut in December, according to CME Fed Watch. Investors are waiting for U.S. job openings, private jobs data, ISM manufacturing PMI and Friday's non-farm payrolls report for further clues about the health of the economy. (Jin Ten)
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Binance平台上USDe存款大幅增长至约32亿枚
