Treasury yields, which are swayed by interest rate expectations, have moved higher as a result
NEW YORK – Futures traders have reduced bets on how much the Federal Reserve will cut rates this year to the lowest level since October, LSEG data showed on Monday, amid evidence of continued strength in the US economy.
Expectations for how deeply and how soon the Fed will cut rates have shifted rapidly over the last few months, as investors grow increasingly doubtful that policymakers will be able to lower borrowing costs without sparking an inflationary rebound in a strong economy. The Fed has projected it will cut rates by 75 basis points this year.
In January, policymakers introduced language saying they would keep the policy rate in its current 5.25pc-5.5pc range until they have "greater confidence" that inflation is headed to the Fed's 2pc goal.
Federal Reserve Interest Rate Policy Rate Inflation US Interest Rate CPI Consumer Price Index
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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