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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Investment bank ING switched from initially supporting a 50 basis point rate cut by the Federal Reserve to supporting a 25 basis point cut.
PANews 15th September news, according to the report from Cailian, this Friday, the market's expectation of a 50 basis point rate cut by the Fed suddenly heated up. Yesterday, this expectation reached 50%, while on Thursday it was only about 28%. This change has driven a pump in the US stock market, a general decline in US bond yields, a fall in the US dollar, and a continuous surge in the price of gold. Against the backdrop of intensified market expectations for a rate cut, ING released a report that attracted attention. The bank shifted from initially supporting a 50 basis point rate cut to supporting 25 basis points, predicting that there will be a slight majority in favor of a 25 basis point rate cut at next week's FOMC meeting, and stating that it is unlikely for the Fed to break the trend of dollar depreciation.