ChainCatcher reports that, according to Jintao, a Reuters survey shows that out of 101 economists surveyed, 60 believe the Federal Reserve will cut the federal funds rate by 25 basis points to a range of 3.25%–3.5% before the end of June.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A certain whale has been longing EUR/USDC with 34x leverage over the past 4 days, with a position size of approximately 1.04 million USD.
On March 16, a whale starting with 0x133 opened a long position of approximately $1.04 million on EUR/USDC with 34x leverage, currently showing an unrealized loss of about 10%. The US job market is cooling with rising unemployment rates, and CPI year-over-year is approximately 2.4%. Market attention is focused on the Federal Reserve's interest rate decision on March 19.
GateNews2h ago
US Senate has not yet received documents related to the hearing for Federal Reserve Chair nominee Waller
Gate News reports that as of March 16, the U.S. Senate has not yet received relevant hearing documents for Federal Reserve Chair nominee Waller.
GateNews3h ago
SEC Chair Calls for Action on Bitcoin and Crypto Market Rules
Gary Gensler, head of the SEC, urges Congress to expedite crypto regulation to provide clear rules, reduce confusion, and foster investor confidence. The crypto community reacts with mixed feelings as lawmakers debate potential legislation.
Coinfomania4h ago
Crypto Prices React as Uncertainty Looms Over Rate Cut and Consumer Sentiment
Crypto prices are recovering, led by ETH's 7.56% increase. Anticipation builds for a potential rate cut by the US Fed in September, as consumer sentiment declines amidst concerns over personal finances and geopolitical issues.
TheNewsCrypto5h ago
This Week's Financial Focus: Fed Rate Decision, Surging Oil Prices, and Nvidia Annual Developer Conference Draw Market Attention
US stock market declined for the third consecutive week, oil prices surged above $100 per barrel due to Iran conflict impacts, putting global energy supplies under pressure. Markets focused on the Federal Reserve's interest rate meeting and upcoming corporate earnings reports, including Micron Technology, while in tech activities, Nvidia's developer conference is about to commence, with investor sentiment affected by multiple factors.
GateNews5h ago
Bitcoin Breaks Through $74,000 Resistance Level, Crypto Market Strengthens Collectively, ETH and SOL Lead Weekly Gains
On March 16, the crypto market continued to rise, with Bitcoin surpassing $74,000, up 2.9% in 24 hours. Ethereum and Solana showed larger gains, indicating capital flowing toward higher-risk crypto assets. An improving macroeconomic environment provided market support, with falling oil prices and a weakening dollar aiding liquidity release. The market is focused on the upcoming Federal Reserve meeting, which could impact future interest rate expectations.
GateNews7h ago