TechFlow news, July 15 — According to Jinshi Data, after the release of the U.S. CPI report, traders continue to bet that the Federal Reserve may begin cutting interest rates in September. Earlier, a government report showed that June's CPI rose as expected.
Following the CPI release, market pricing indicates about a 60% chance of a Fed rate cut in September. Traders still assign only a 5% probability to a rate cut this month, as most Fed policymakers have indicated they want to see more data before cutting rates.
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