Federal Reserve's Bostic: The fourth quarter could be the time for the Federal Reserve to cut interest rates

Bitget2024/05/29 23:54

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Federal Reserve's Bostic stated that the breadth of price increases remains quite significant. A narrowing inflation range will boost the Fed's confidence in cutting interest rates, and the fourth quarter could be a good time for the Fed to do so.

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Statistics from the shipping tracking agency TankerTrackers show that in the past 28 days, Arab countries have exported a total of 6.92 million barrels of crude oil per day through sea routes patrolled by the US Navy. This crude oil is transported via two main sources: 2.53 million barrels per day come from oil export terminals along the Gulf of Oman, while the remaining 4.39 million barrels per day are shipped through the Strait of Hormuz. Most of this is then transferred to other oil tankers

智通财经•2026/08/31 18:47

Tesla and Nvidia lead the 'Magnificent Seven', with divergence within tech stocks

After last Friday's decline, Tesla and Nvidia were the only two rising stocks among Mag7 during Monday's trading session. Tesla's Optimus humanoid robot has officially entered mass production at the Fremont factory in California. Nvidia continued its strong performance following its recent earnings report. On Monday, the US 10-year Treasury yield broke above 4.75%. Rising tensions in the Middle East drove oil prices sharply higher, further fueling market bets on a Federal Reserve rate hike.

华尔街见闻•2026/08/31 18:42