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TechFlow reported on February 12 that, according to Jinshi News, interest rate futures traders currently expect the Fed to cut rates by only 26 basis points by December, down from around 37 basis points before the data release, implying just one 25-basis-point rate cut this year.
According to Jinshi, rate futures traders currently expect the Fed to cut rates by only 26 basis points by December, down from about 37 basis points before the data release, implying just one 25-basis-point rate cut this year.
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