Commerzbank: Non-farm data may determine whether the Fed will cut interest rates by another 50 basis points

Odaily News Commerzbank interest rate strategists said that as long as the non-farm data is roughly consistent with a soft landing, the Fed does not seem to be under pressure to cut interest rates by another 50 basis points, and the recent strong demand for safe-haven assets due to geopolitical tensions has also subsided. (Jinshi)