The Fed Doubles Down on Rate Cut Bet as Initial Claims Data Underscores Weak Job Market
Prefer us on GoogleBlockBeats News, September 11th. This Thursday, a U.S. government report showed that initial jobless claims surged to nearly a four-year high. The short-term interest rate futures market continued to increase bets on a Fed rate cut, shifting from expecting at least two rate cuts by the end of this year to betting on four consecutive rate cuts from September to January next year, and finally pricing in three rate cuts by the end of the year, indicating that the Fed will cut rates at all remaining meetings this year.
However, the August CPI growth was stronger than expected, which may prevent the Fed from significantly cutting rates. The probability of a 50 basis point rate cut by the Fed in September increased slightly from 8% before the announcement to 10.9%. (FXStreet)
Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.
You may also like
What is SCEX? The Cryptocurrency Exchange for Vietnam's Market by Sacombank
Major Update for ChatGPT: Cross-Platform Functionality, One-Click Website Creation, and Lower Costs
BTC Challenges 64,000 After Breaking 63,000, Market Trading 'Manageable Risks'
As the Bubble Bursts, Who Dominates Attention in the AI Era? A 2026 Guide to Influential AI KOLs in China and the UK
Old Money in Crypto Shifts: Paradigm Raises $1.2 Billion, Half Bet on AI and Robotics
Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining
Perplexity Fine-Tuned a Chinese AI Model to Match Claude Opus 4.8 at One-Third the Cost
Bank of Korea defends bank-first stablecoin plan amid bill deadlock
JPMorgan says bitcoin's main risk isn't Strategy, but blockchain adoption that doesn't benefit public chains and tokens
Fear & Greed Index Today: What Extreme Fear Means for Crypto, Stocks and Gold
Labour MPs Push to Make UK Crypto Donation Ban Permanent
Supreme Court ruling expanding Trump's authority over federal agencies raises questions for SEC, CFTC as crypto rulemaking advances
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
A Comprehensive Analysis: Starting from 1996, Who is Laying the Foundation for the Next Generation of Capital Markets
Luke Dashjr, the Biggest Anti-Spammer of Bitcoin, Inscribed Phrases on the Network in 2011
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
WEEX API Fast Connect: Turn Every Sign-In Into a Live Trader in Under 10 Seconds
WEEX API Fast Connect is a one-click OAuth authorization system that lets your users link their WEEX account without ever touching an API key. Frictionless onboarding, faster conversions, higher retention — built for WEEX Broker partners.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
From Le Mans to the Rollercoaster: Carl Moon Takes On Portimão
Crypto world renowned KOL and racing driver Carl Moon, backed by WEEX, heads to the Ferrari Challenge Portugal round at the Algarve International Circuit, July 16–19, fresh off a podium finish at Le Mans. Here's why this race is one to watch.
Fast execution. Split-second accuracy. Security that never blinks. That's WEEX — and that's exactly how Carl races.
The Downfall of a Public Company: A $1.46 Billion Bet on WLFI, $540 Million Went to the Trump Family
Dragonfly Partner: BTC is Intergenerational Wealth, Optimistic About ETH and SOL
Goldman Sachs Calls to Go Long on Chinese AI: $4 Trillion Market Value Behind, Global Funds Only Allocated 1.2%
The New Landscape of Cryptocurrency in Europe: Why Germany Takes Center Stage?
What is SCEX? The Cryptocurrency Exchange for Vietnam's Market by Sacombank
Major Update for ChatGPT: Cross-Platform Functionality, One-Click Website Creation, and Lower Costs
BTC Challenges 64,000 After Breaking 63,000, Market Trading 'Manageable Risks'
As the Bubble Bursts, Who Dominates Attention in the AI Era? A 2026 Guide to Influential AI KOLs in China and the UK
Old Money in Crypto Shifts: Paradigm Raises $1.2 Billion, Half Bet on AI and Robotics
Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining
Latest articles
Latest coin listings on WEEX
