PANews reported on December 4 that according to Jinshi, Federal Reserve Chairman Musallem said that the interest rate cut may be suspended at the upcoming Federal Reserve meeting.
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Fed's Mousalem: Time to slow or pause rate cuts may be coming
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The probability of the Fed cutting interest rates by 25 basis points in December is 74%, which is consistent with the situation before the release of ADP data.
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Market News: Putin says Bitcoin and digital assets will continue to develop
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ETH fell below $3,700, up 3.59% on the day
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U.S. ADP employment in November was 146,000, lower than expected