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TechFlow news, according to Jinshi Data, after data showed inflation higher than expected, bets on a Fed rate cut in June have almost completely disappeared, and even the outlook for July appears increasingly uncertain.
Traders have also solidified their expectations for only two rate cuts this year, compared to the Fed's dot plot indicating three rate cuts.
According to Jinshi Data, after data showed inflation higher than expected, bets on a Fed rate cut in June have nearly disappeared, and even the outlook for July appears increasingly uncertain. Traders have also solidified their expectations for only two rate cuts this year, compared to the Fed's dot plot indicating three cuts.
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