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September Jobs Data Could Delay Fed Rate Cuts, Impacting Crypto Prices

September Jobs Data Could Delay Fed Rate Cuts, Impacting Crypto Prices


Coin Edition
2024-10-05 06:24:18

In a report from the Wall Street Journal, Chief Economist Correspondent Nick Timiraos suggested that the September jobs report could heavily influence the Federal Reserve’s decision on interest rates. He believes the Fed is now less likely to cut interest rates by 50 basis points (bps) next month, due to the stronger-than-expected jobs report. Data The post September Jobs Data Could Delay Fed Rate Cuts, Impacting Crypto Prices appeared first on Coin Edition .


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