Swap contracts restore expectations of two 25 basis point rate cuts by the Fed in 2024
According to ChainCatcher, swap contracts have restored expectations for the Federal Reserve to cut interest rates by 25 basis points twice in 2024. U.S. interest rate futures currently expect the Federal Reserve to cut interest rates by 25 basis points twice in 2024, compared with one time before the non-farm payrolls.
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Nvidia server prices reportedly increase by 15%, with some customers already receiving price hike notifications
Media outlets, citing sources familiar with the matter, reported that this price increase will take effect starting with systems shipped early next year, affecting those equipped with flagship-level Vera Rubin and Grace Blackwell chips. Factories manufacturing servers for major companies such as Microsoft, Google, and Oracle have already issued price increase notices. The specific rate of the increase will depend on the generation of Nvidia chips and storage configurations.
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