Fed Rate Cut Odds Fall Following Strong U.S. GDP and Jobless Claims Data

Crypto traders have further reduced their expectations for Fed rate cuts this year following the release of the U.S. Q3 GDP and initial jobless claims data. Bitcoin also dropped following the release of this data, signaling that the U.S. economy is strong and strengthening the case for holding interest rates steady for now. Fed Rate

The post Fed Rate Cut Odds Fall Following Strong U.S. GDP and Jobless Claims Data appeared first on CoinGape.