US interest rate futures signal higher chance of June Fed cuts following soft inflation report
Lower than expected inflation data released today has boosted expectations for a Federal Reserve rate cut in June. The Consumer Price Index rose 0.2 percent.
Financial markets in the US
US saw a notable shift in expectations today as new inflation data led to a recalibration of future monetary policy. U.S. interest rate futures priced in a higher probability of Federal Reserve rate cuts in June after the January Consumer Price Index (CPI) rose by 0.2%, a figure that was lower than the 0.3% forecast predicted in a Reuters poll.












