Traders expect to cut interest rates by less than 30 basis points in September, and the Federal Reserve may cut interest rates by a total of 92 basis points this year
2024-08-18 12:14:47
Data shows United States economy with resilience traders down Federal Reservedesk3cryptocurrencydesktopCrypto News
Treasury yields surged as traders scaled back expectations for a big Fed rate cut this year after the latest data showed the US economy was resilient. Traders scaled back bets that the Fed would cut rates sharply in September, expecting a cut of less than 30 basis points next month. They now expect the Fed to cut rates by a total of 92 basis points for the rest of 2024, down from more than 100 basis points before the data.
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：
交易员预计九月降息幅度不足30基点，美联储或将在年内共降息92个基点Next article：
Hamster Kombat创始人否认前项目Arenu投资者与该游戏的关系
