Reported 2 days ago
Traders are increasingly predicting that the Federal Reserve will implement only one rate cut this year due to strong economic growth and persistent inflation. As they anticipate upcoming consumer price data, the expectations for a more cautious approach from the Fed are solidifying, with futures indicating minimal easing ahead. Recent job data and cooling trade tensions have led traders to reassess their positions, resulting in heightened demand for hedging against rate cuts, particularly focusing on no cuts this year.
Source: YAHOO