ChainCatcher News reports that according to Jinshi, Monex’s head of macro research Nick Rees stated in a report that the U.S. employment data for January was strong, eliminating market expectations of 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 the expectation of rate cuts has naturally decreased.
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