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TechFlow news, according to Jinshi Data, U.S. short-term interest rate futures surged following the release of inflation data; traders are increasingly expecting a Fed rate cut. Rate futures now imply about a 70% chance of a Fed rate cut before September.
According to Jinshi Data, U.S. short-term interest rate futures surged after the release of inflation data, as traders increased bets on Federal Reserve rate cuts. Rate futures now imply about a 70% chance of a Fed rate cut before September.
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