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Bets on Fed Rate Cuts Diminish: Likelihood of No Cut or Single Cut Climbs to 34%
3 day ago /
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Author：小编
Following the May U.S. nonfarm payrolls report, which surpassed expectations, Wall Street traders revised their forecasts for interest rate adjustments. CME data indicates that the likelihood of three or more 0.25 percentage point rate cuts this year has declined from 36% to 25%. Conversely, the probability of a single rate cut or no rate cut has increased from 25% to 34%.
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