Moenihan: Interest rates will continue to decline, which is positive for the market

ChainCatcher news reports that, according to Jinshi, Bank of America’s CEO Moynihan stated that interest rates will continue to decline, which is very favorable for the market.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. CLARITY Act Sparks Controversy: White House Crypto Official and Banking Industry Clash Over Stablecoin Incentives

On March 8th, the discussion of the U.S. CLARITY Act sparked debates between the banking industry and White House officials. The president of the Texas Independent Bankers Association stated that a compromise would impact the local economy, while White House advisors warned that no compromise could lead to disastrous consequences.

GateNews2h ago

CME Data: Probability of the Federal Reserve holding interest rates steady in March rises to 96.3%

Gate News Report, March 7 — According to CME "FedWatch" data, the probability of the Federal Reserve maintaining interest rates in March is 96.3%, while the probability of a 25 basis point rate cut is 3.7%.

GateNews10h ago

Chicago Federal Reserve President Goolsbee: The Federal Reserve is expected to start cutting interest rates by the end of the year

Gate News Report, March 7th, Chicago Federal Reserve Chair Goolsby stated that the Federal Reserve is expected to start cutting interest rates before the end of this year.

GateNews11h ago

Natixis Analyst: The Federal Reserve's March Meeting May Face Calls for Rate Cuts

Gate News Report, March 7 — Christopher Hodge from Natixis stated that the Federal Reserve may face calls for rate cuts at the March FOMC meeting. He pointed out that if the economic data for February shows weakness and January's data is revised downward, the Fed's decision to hold steady will be questioned by the market. He believes this situation will reinforce the dovish view that recent labor market data may just be "fool's gold" (appearing good on the surface but lacking real value).

GateNews12h ago

The probability of the Federal Reserve cutting interest rates in June has risen to approximately 50%

Gate News Report, March 7 — Traders now estimate the probability of the Federal Reserve cutting interest rates in June has risen to about 50%, up from just 35% before the employment data was released.

GateNews12h ago

Emphasize technological neutrality! The Federal Reserve: The capital recognition method for "tokenized securities" should follow that of traditional securities

The Federal Reserve and other agencies have issued new guidelines for the banking industry, requiring tokenized securities to follow the same regulatory capital standards as traditional securities, emphasizing that technological form does not affect the method of capital calculation. This reflects regulatory authorities' focus on the legal nature and risk assessment of financial assets, demonstrating the gradual integration of banks and blockchain finance, which helps banks evaluate the risks and costs of tokenization businesses.

区块客18h ago
Comment
0/400
No comments