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CoinGape
2024-02-02 00:11:23

US Manufacturing Output Signals Delay in Rate Cuts; Will Crypto See a Downturn?

US Manufacturing Output Signals Delay in Rate Cuts; Will Crypto See a Downturn?

Crypto markets might have to brace for a dented investor sentiment in the future. In a disappointing turn of events, the US manufacturing output data came in higher than expected on Thursday. The data further cemented the idea that the Federal Reserve might take a step back before cutting rates in the future. US manufacturing The post US Manufacturing Output Signals Delay in Rate Cuts; Will Crypto See a Downturn? appeared first on CoinGape .

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