The Federal Reserve's interest rate cut bet has decreased: the probability of not cutting rates or cutting rates once has risen to 34%.
2025-06-06 13:10:45
Wall Street traders scaled back their bets on a rate cut after Friday's stronger-than-expected May non-farm payrolls report. Interest rate futures showed a 25 percent chance of three or more 0.25 percentage point rate cuts this year, down from 36 percent on Thursday, according to CME. The chance of one or zero rate cuts rose to 34 percent from 25 percent. (Jin Ten)
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