After the CPI data was released, traders began to price in three rate cuts by the Federal Reserve within the year
BlockBeats reports, on July 11th, after the CPI data was released, traders predicted a 25% chance that the Federal Reserve will make a third cut of 25 basis points within the year.
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.
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