Fed rate cut bets disappear in June, and only two cuts this year
After data showed inflation higher than expected, the bet on a Fed rate cut in June has almost disappeared, and even the outlook for July looks more unstable. Traders have also solidified their expectations that the Fed will only cut rates twice this year, while the Fed's dot plot expects three rate cuts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Phoenix Labs announces Dauntless shutdown following studio layoffs
Share link:In this post: Phoenix Labs has announced that Dauntless, its monster-hunter-like game, will shut down on May 29, 2025. Dauntless’ closure comes after the game studio repeatedly laid off staff after Forte, a crypto firm, acquired it. Phoenix Labs has yet to reveal the future of its other projects, such as Fae Farm.
Ethereum Foundation CEO Steps Down Amid Leadership Reshuffle
Bitcoin Depot increases holdings by 11 Bitcoins
Trending news
MoreCrypto prices
More
