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TechFlow, July 2 — According to Jinshi Data, after the release of ADP data, traders increased their bets on at least two Fed rate cuts by the end of 2025. U.S. federal funds futures raised the probability of a rate cut in July from about 20% before the data release to 27.4%.
According to Jinshi Data, after the release of ADP data, traders increased their bets on at least two Fed rate cuts by the end of 2025. U.S. federal funds futures raised the likelihood of a rate cut in July from around 20% before the data release to 27.4%.
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