Traders see fading prospects for Fed rate cut

Traders of U.S. short-term interest rate futures trimmed bets the Federal Reserve would cut rates before the end of the year after Fed Chairman Jerome Powell poured cold water on the idea.


from Reuters: Top News https://reut.rs/2DHp75j Traders of U.S. short-term interest rate futures trimmed bets the Federal Reserve would cut rates before the end of the year after Fed Chairman Jerome Powell poured cold water on the idea.

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