Analytics

Fed Swaps Push Rate Cuts to September; Crypto Market Saw $300M Liquidation

The stronger-than-expected jobs report released by the U.S. Bureau of Labor Statistics raised concerns among stock and crypto market investors. Fed swap now indicates rate cuts in June and July are off the table and the U.S. Federal Reserve can start rate cuts in September. CoinGape earlier reported the same timeline.

Source

Click to rate this post!
[Total: 0 Average: 0]
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *