Share this article
Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says
Delayed rate cuts could be more aggressive when they happen, the investment bank said.
May 8, 2025, 1:19 p.m.
What to know:
- The Federal Reserve on Wednesday held the benchmark interest rate between 4.25% and 4.5%, with no immediate plan to cut rates.
- Fed Chair Jerome Powell highlighted increased economic uncertainty and risks of higher unemployment and inflation.
- ING suggests that the Fed's cautious approach may delay rate cuts, which could be more aggressive when they occur.
Більше для вас
Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
Що варто знати:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
Top Stories
