Traders priced in a quarter-point Federal Reserve interest-rate cut this month with a bigger move expected at its next meeting.
Read More Traders see Fed starting with 25 bps cut in Sept
Tag: Traders
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fall
Fed rate cut seen on track for June even as inflation bumps up
Traders speculate on the Federal Reserve’s next move, predicting potential interest-rate cuts to address economic trends.
Read More Fed rate cut seen on track for June even as inflation bumps up