Traders increase bets on Fed rate cut after U.S. job openings fall
futures traders for the Federal Reserve increased their bets on further interest rate cuts on Tuesday, after a government report showed a decrease in job openings last month, which could be a sign of further cooling in the job market. The futures contracts show that traders are increasingly confident that the Fed will cut rates by 25 basis points at each of the next two meetings, and further cuts next year. Traders have reduced their bets on a pause in rate cuts in November to around 2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Will List YZY MONEY (YZY) in the Innovation and Meme Zone
Bitget Trading Club Championship (Phase 5)—Grab a share of 80,000 BGB, up to 800 BGB per user!
Bitget Trading Club Championship (Phase 3)—Grab a share of 80,000 BGB, up to 800 BGB per user!
Announcement on Bitget listing TSLA, NVDA, CRCL RWA Index Perpetual futures
Trending news
MoreCrypto prices
More








