Reported about 12 hours ago
Bond traders are becoming less confident about a Federal Reserve interest rate cut in September, as recent strong job data and upcoming CPI reports could influence monetary policy decisions. The focus is now on inflation data that may affect expectations for the Fed's actions moving forward, with a 70% chance of a cut in September according to traders, down from earlier projections. Analysts suggest that the effects of tariffs and inflation will likely complicate the Fed's decision-making process.
Source: YAHOO