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Shares of Crypto Companies Are Trading Lower as Bitcoin Falls in Possible Sympathy With the Broader Market Due to Mixed Economic Data, Which May Impact the Size of Rate Cuts.
Will the non-farm help the Fed "cut interest rates" early again at 8:30 tonight?
Federal Reserve officials will enter a blackout period before the September meeting, and whether to cut interest rates by 50 basis points or 25 basis points will largely depend on the non-farm data this time.
Federal Reserve's Gouldsby: Interest rates should not only be lowered quickly, but also lowered multiple times.
The non-farm data on Friday will provide more information for the Federal Reserve. At the same time, Gulcebi pointed out that the Federal Reserve will not rely too much on employment data for a single month.
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