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TechFlow news, February 28 — According to Jinshi Data, futures traders continue betting that the Fed will resume rate cuts in June, as January inflation data rose in line with expectations.
They still see a higher probability of a second rate cut in September than no further easing. Data showed the annual PCE price index declined from 2.6% in December to 2.5% last month, while the core PCE index fell to 2.6%.
According to Jinshi Data, futures traders continue to bet on the Fed restarting its rate-cutting cycle in June, as January inflation data came in line with expectations. They still see a higher probability of a second rate cut in September than no further cuts. Data showed the annual PCE price index declined from 2.6% in December to 2.5% last month, while the core PCE index fell to 2.6%.
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