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TechFlow news, on January 10, U.S. short-term interest rate futures declined following the release of employment data. Traders eliminated bets on a second Federal Reserve rate cut this year and now expect only one rate cut in 2025, potentially as early as June.
Previous report, the U.S. unemployment rate was 4.1% in December, with seasonally adjusted non-farm payroll employment rising by 256,000.
U.S. short-term interest rate futures fell following the release of employment data, as traders dropped bets on a second Fed rate cut this year and now expect one rate cut in 2025, potentially as early as June. Earlier, data showed that the U.S. unemployment rate was 4.1% in December, with seasonally adjusted nonfarm payrolls increasing by 256,000.
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