Deep Tide TechFlow News, January 13 — According to Jinshi Data, on Tuesday, traders increased their bets, believing that the Federal Reserve may not wait until after Chairman Powell's term ends in May to cut interest rates, as the previous U.S. Labor Department report showed that core consumer prices rose slightly less than expected. Although traders still believe that a June rate cut is the most likely outcome, the latest data forecast suggests that the probability of a rate cut in April by the Federal Reserve is about 42%, up from 38% before the data release.
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Deep Tide TechFlow News, January 13 — According to Jinshi Data, on Tuesday, traders increased their bets, believing that the Federal Reserve may not wait until after Chairman Powell's term ends in May to cut interest rates, as the previous U.S. Labor Department report showed that core consumer prices rose slightly less than expected. Although traders still believe that a June rate cut is the most likely outcome, the latest data forecast suggests that the probability of a rate cut in April by the Federal Reserve is about 42%, up from 38% before the data release.