Employment forecasts were greatly exceeded, hopes that the Fed would cut interest rates in July were dashed, allowing the dollar to gain value. Additionally, markets now price the possibility of a rate cut in September as 45 percent. This rate was 56 percent before the employment data was announced.
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Yotot
· 2024-06-08 01:10
Employment forecasts were greatly exceeded, hopes that the Fed would cut interest rates in July were dashed, allowing the dollar to gain value. Additionally, markets now price the possibility of a rate cut in September as 45 percent. This rate was 56 percent before the employment data was announced.
#BTC at $70K. Break ATH soon?
Employment forecasts were greatly exceeded, hopes that the Fed would cut interest rates in July were dashed, allowing the dollar to gain value. Additionally, markets now price the possibility of a rate cut in September as 45 percent. This rate was 56 percent before the employment data was announced.