In June, the U.S. non-farm payrolls added 147,000 jobs, far exceeding the market expectation of 110,000, strengthening the possibility that The Federal Reserve (FED) will maintain interest rates unchanged in the short term. The number of initial unemployment claims was also lower than expected, indicating a resilient job market, temporarily suppressing expectations for a rate cut in July.



According to CME's "Federal Reserve Watch": the probability of the Federal Reserve keeping the interest rate unchanged in July is 95.3%, while the probability of a 25 basis point rate cut is 4.7%.

The probability of the Federal Reserve maintaining the interest rate in September is 33%, the probability of a cumulative rate cut of 25 basis points is 64%, and the probability of a cumulative rate cut of 50 basis points is 3%. #BTC#
BTC-0.57%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)