MUFG: Weak non-farm payrolls may prompt the Fed to cut interest rates more than expected
-
最新报道：According to a report from Coinnet, Mitsubishi UFJ analyst Lee Hardman warned that the US dollar could fall further if Friday's US non-farm payroll data falls far short of expectations. He noted that another weaker-than-expected jobs report would reinforce market expectations that the Federal Reserve will resume rate cuts at its September meeting, potentially with a 50 basis point reduction. Data indicates that the market generally expects a 25 basis point rate cut this month, with cumulative reductions exceeding 100 basis points by September of next year. Unless the non-farm payroll data is significantly better than expected, it will be difficult to dispel market expectations of a September Fed rate cut.
下一篇
El Salvador to Host First Government-Led Bitcoin Conference
- El Salvador plans to host its first government-led Bitcoin conference, according to a repo...
24小时热点
热点专题
415697