Monex Research Head: The possibility of a Fed rate cut in March has been eliminated
According to Jinshi News, Nick Rees, the head of macro research at Monex, stated in a report that the January U.S. employment data performed strongly, eliminating market bets on a rate cut by the Federal Reserve in March. However, Monex still expects the Federal Reserve to resume rate cuts in June. Rees pointed out that the market is digesting this robust employment data, and expectations for rate cuts are naturally decreasing.
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