PANews reported on March 6th that, according to the latest market pricing, the Federal Reserve may cut interest rates in June. This follows government data showingPANews reported on March 6th that, according to the latest market pricing, the Federal Reserve may cut interest rates in June. This follows government data showing
The probability of a Federal Reserve rate cut in June has risen to about 50%.
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PANews reported on March 6th that, according to the latest market pricing, the Federal Reserve may cut interest rates in June. This follows government data showing a decline in US jobs last month. The surge in global oil prices triggered by the conflict with Iran has raised concerns about further inflation, which is currently above the Fed's 2% target. In minutes before the jobs report was released, traders lowered their estimate of a June rate cut to just 35%, but after the data release, the probability quickly rose to around 50%.
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