December 4th Important News Review: #美联储重启降息步伐
As of December 4th, 19:00, the probability of the Federal Reserve lowering interest rates by 25 basis points is 89%
1. The number of ADP jobs in the U.S. decreased by 32,000 in November, with an expectation of 10,000 and a previous value of 42,000, marking the lowest level since March 2023.
2. U.S. Treasury Secretary Yellen: Weakness has appeared in certain areas of the economy, requiring a rate cut.
3. Sources: The Bank of Japan's interest rate hike in December is nearly certain, with the government not intervening.
4. Binance announced at the Blockchain Week event that co-founder He Yi officially takes on the role of Joint Chief Executive Officer. (After the announcement, customer service Xiao He doubled within an hour)
5. Ethereum's second major upgrade this year, Fusaka, has officially been activated.
A key reminder: There is still a week until the U.S. interest rate decision, and the expectation for a rate cut is already very high. Beware of unexpected events (e.g., Will the U.S. decide to go to war over the weekend?), the closer we get to the news release, the more cautious we must be.
