Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Short-term interest rate futures traders expect the Fed to cut rates by 50 basis points by June
2025-04-04 12:43

Odaily News The U.S. economy added far more jobs than expected in March, but Trump's tariff policy could test the resilience of the labor market in the coming months amid falling business confidence and a stock market sell-off. Nonfarm payrolls added 228,000 jobs in March. The unemployment rate rose to 4.2% from 4.1% in February. Economists expect the impact of reciprocal tariffs could be seen in the April jobs report. Retail payrolls are most likely to fall as consumers hunker down amid rising prices. Financial markets expect the Federal Reserve to resume rate cuts by June after pausing its policy easing cycle in January. Traders in short-term interest rate futures expect the Fed to cut rates by 50 basis points by June. (Jinshi)