Fed Rate Cut Delayed as Strong Jobs Data Tests Bitcoin
Citigroup pushed its forecast for the Fed first interest rate cut to June 2027 after US employers added 162,000 jobs in August, more than triple the 53,000 economists had penciled in. The revision extends the timeline for lower borrowing costs by nine months.Now, it opens a question Bitcoin traders…
Citigroup pushed its forecast for the Fed first interest rate cut to June 2027 after US employers added 162,000 jobs in August, more than triple the 53,000 economists had penciled in. Now, it opens a question Bitcoin traders…