Markets Forecast September Fed Rate Cut as Inflation Rises
Traders expect the Federal Reserve to cut interest rates in September. This follows recent government data showing inflation rose 2.8 percent in January.
Xurve View
Xurve View
Financial markets in the United States are recalibrating expectations for monetary policy following the release of new economic data. On Friday, traders shifted their bets toward a potential interest rate reduction by the Federal Reserve in September. This move comes after government reports indicated that inflation, measured by the central bank's preferred gauge, increased by 2.8% in January.
