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As weaker-than-expected data has spurred concerns about US economic growth, markets have moved to price in more easing from the Federal Reserve this year.
On Tuesday, traders were betting on three interest rate cuts from the Fed in 2025 for the first time this year. Debate around when the next cut will come has intensified too. Markets now see a 50/50 chance the Fed lowers rates at its May meeting, per the CME FedWatch Tool. Just a week ago, they were pricing in a 75% chance the Fed would hold ...
>>> Read more: Investors aren't cheering for Fed rate cuts anymore
On Tuesday, traders were betting on three interest rate cuts from the Fed in 2025 for the first time this year. Debate around when the next cut will come has intensified too. Markets now see a 50/50 chance the Fed lowers rates at its May meeting, per the CME FedWatch Tool. Just a week ago, they were pricing in a 75% chance the Fed would hold ...
>>> Read more: Investors aren't cheering for Fed rate cuts anymore
