Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#OctoberRateCutForecast The Federal Reserve is expected to cut interest rates by 25 basis points at its October meeting, with a 95.7% probability priced in by markets. This move is driven by concerns over a weakening labor market and slowing economic growth.¹ ² ³
Key Factors Influencing Rate Cuts
- *Labor Market Weakness*: Job creation is slowing, and unemployment has ticked up to 4.3% in August and remained steady in September.
- *Economic Uncertainty*: The ongoing US government shutdown is disrupting key economic data releases, adding to uncertainty.
- *Inflation Concerns*: Tariffs are pushing up prices, but inflation remains a secondary concern compared to labor market worries.
Analyst Predictions
- *ING Group*: Expects 25 basis point rate cuts in October and December, citing weakening business activity and a cooling jobs market.
- *Fed Governor Chris Waller*: Supports a 25 basis point rate cut in October, with further cuts dependent on future data.
- *Fed Governor Stephen Miran*: Advocates for deeper cuts, suggesting 50 basis points or more, citing a weak job market and rising geopolitical risks.⁴