Fitch: Cooling Labor Market and Slowing Wage Growth Could Lead Fed to Cut Rates Twice This Year

BlockBeats News, March 12, Fitch: Labor Market Cools and Wage Growth Slows, Likely to Convince the Fed to Cut Interest Rates Twice in 2026. (FX678)

Correction/Report

RelatedRecommended

Powell Press Conference Full Transcript: Hold on, We Won't Cut Rates Proactively

Quick review of the key points of Powell's hawkish press conference

Powell does not believe that the sharp interest rate cut indicates that a US recession is imminent, but rather that it is more of a preventive action aimed at maintaining the "robust" status quo of the economy and labor market.

「Fed Whisperer」 Analysis: Why Did the Fed's Rate Cut Path Suddenly Hit a Snag?

On-Chain Activity

21min ago

After Oracle's financing news was announced, three accounts simultaneously followed up by opening short positions worth $3.8 million.

37min ago

A certain ZEC short position has placed $10.7 million in buy orders, planning to flip from short to long.

55min ago

Mercado Bitcoin hacker moves $8 million in ETH, still holds about $46 million in crypto assets.

1h ago

A certain whale continues to sell off AAVE and WLD, having deposited a cumulative $51.4 million in tokens to CEX over the past 10 days.

24H Important News

2026-11-03

Nvidia sets a 51% threshold for global cloud providers: Chinese clients can no longer account for the majority of computing power business.

Binance Updates Withdrawal Restoration Progress: Additional Assets Now Open for Withdrawal on ETH and SOL Networks

Multiple stocks in the A-share optical module sector fell sharply, with Zhongji Innolight dropping 11.38%.

U.S. and Brent crude oil prices climbed, with Brent crude extending its intraday gains to 2%.

Correction/Report

Submit

Add Library

Visible to myself only

Public

Save

Choose Library

Add Library

Cancel

Finish