DZB: U.S. economic data does not support a big rate cut by the Fed

Money markets remain divided over whether the Fed's first rate cut will be 25 basis points to 50 basis points, but there are several reasons why the Fed should not take a big step. "Neither the labor market data nor the recently released inflation rate indicate a need for a big rate cut," she said in a report. Henseler said the labor market situation points to an economic slowdown rather than a recession, while core inflation has recently proved to be more stubborn than many market participants expected due to rising costs for housing and other services. $BTC $ETH $BNB #新币挖矿HMSTR #FTX赎回Solana #美国8月核心CPI超预期 #比特币挖矿难度创历史新高 #比特币年底能否突破10万美元？