Fed Official Eyes Another 50 Bps Cut Post US Job Data, BTC To $70K?

Abstract:Raphael Bostic, the President of the Federal Reserve of Atlanta, has hinted that he might favor anot

Raphael Bostic, the President of the Federal Reserve of Atlanta, has hinted that he might favor another 50 basis point rate cut in November if US Job data improves. This conditional expectation is not unheard of as other Federal Reserve officials have hinted.

Disclaimer

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Previous Post

2024 Web3 Funding Report: Public Sales Account for Over 80%, Retail Investors Band Together

Next

Ireland Drafting Urgent Crypto Laws Before EU Money-Laundering Rules