Traders expect the Federal Reserve to start cutting interest rates in June and still anticipate a reduction of about 75 basis points this year
ChainCatcher news, according to Jinshi reports, after the release of the non-farm payroll report, U.S. short-term interest rate futures fell. U.S. interest rate futures traders are no longer betting on a rate cut by the Federal Reserve in May. Currently, they are betting on the Fed to resume rate cuts in June, still expecting the Fed to cut rates by about 75 basis points this year.
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