Vujcic, the governing body of the European Central Bank, said that the market's expectations for three more interest rate cuts this year are not unreasonable. The premise of interest rate cuts is that inflation in the service sector will fall rapidly in the coming months. (Golden Ten)
JPMorgan cut its forecast for the number of Fed rate cuts this year from three to two.
Traders have trimmed their bets on a rate cut by the Bank of England, and now expect three more cuts by the end of 2025.
Matt Hougan, the chief investment officer of Bitwise, attended the Barron's Advisor 100 Summit three times in a row, which brings together the top financial advisors in the United States. Participating in the summit speech, Hougan did a live assessment to find out whether the audience was a cryptocurrency expert or a novice, a proponent or a skeptic. When I asked this question to the same group of people two years ago, only a few hands went up - maybe 10 or 20 percent, he said. Last year, it was...
According to Lookonchain monitoring statistics, the US government has transferred 15,940 bitcoins to Coinbase Prime in three installments this year, worth about $966.40 million. According to statistics, the price of BTC fell by about 5% in the three days after the first two transfers.
According to Lookonchain monitoring statistics, the US government has transferred 15,940 bitcoins to Coinbase Prime in three installments this year, worth about $966.40 million According to statistics, in the three days following the first two transfers, the price of BTC fell by approximately 5%.
Goldman Sachs forecasts that the Federal Reserve will start three consecutive interest rate cuts of 25 basis points in September. Goldman Sachs also said that if the August non-farm payrolls report continues to show weakness and confirms a slowdown in employment growth, then it does not rule out the possibility of a 50 basis point interest rate cut in September.
Markets currently expect the Federal Reserve to cut interest rates three times before the end of the year, due to the recent improvement in inflation data.
On July 11, after the release of CPI data, traders expected the Federal Reserve to have a 25% chance of a third 25 basis point interest rate cut this year.
European Central Bank Governing Council Holtzmann: It is expected to cut interest rates twice in 2024, up to three times.
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