Binance News
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Market Anticipates Fed Rate Cut Amid Weak Jobs Report and New Tariffs
According to BlockBeats, market expectations for a Federal Reserve rate cut have surged following a surprisingly weak jobs report released on Friday. U.S. President Donald Trump's new tariffs are set to take effect on August 7, imposing at least a 10% tariff on all other countries, with punitive rates of 39% for Switzerland and 25% for India. Some countries may still negotiate for lower rates.
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