Bank of America: October's non-agricultural data was weak enough to cause the Federal Reserve to cut interest rates by 25 basis points in November and December "

Crypto 7x24

2024-11-07 20:17:21

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On November 7, Bank of America said that the weakness of non-agricultural data in October was enough to cause the Federal Reserve to cut interest rates by 25 basis points in November and December. Powell may emphasize the stability of the economy and the return of inflation targets. Trump's return to the White House may make the Fed more cautious in the future.

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Bank of America: October's non-agricultural data was weak enough to cause the Federal Reserve to cut interest rates by 25 basis points in November and December "
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