Fed's Barr: rate cuts will be typical once the US economy softens rapidly
Federal Reserve Balkin said, 114,000 non-farm payrolls increase is not good enough, but it is also considered "reasonable data". Once the U.S. economy is rapidly weakening, then the Federal Reserve to cut interest rates will be very typical.
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
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.