Former Commerce Secretary Warns US Headed for Recession
Submitted by Anonymous (not verified) on Mon, 09/16/2024 - 06:40

The U.S. central bank has indicated it will cut rates at its mid-September meeting, but the size of the move is up for debate.
On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls


A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.
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