Traders increase bets on Fed rate cut after U.S. job openings data released
U.S. short-term interest rate futures reportedly rose slightly after the release of U.S. job openings data, as traders increased their bets on a Federal Reserve rate cut.
The number of U.S. JOLTs job openings fell to its lowest level since early 2021 in September, and layoffs increased, in line with a slowdown in the labour market. The Bureau of Labor Statistics' Job Openings and Labour Turnover Survey (JOLTS), released on Tuesday, showed vacancies fell to 7.44 million in August from a downwardly revised 7.86 million in July.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A major AAVE whale enters the market again, buying 80,000 tokens within half a month
Aztec TGE could take place as early as February 11, 2026, with 19,476 ETH already raised in the public sale.
Aztec public sale ends with a total subscription of 19,476 ETH and participation from 16,741 users.