Traders Increase Bets on September Fed Rate Cut Following Inflation Report Traders are increasingly betting on the U.S. Federal Reserve initiating its first interest rate cut of the year in September, following a recent government inflation report. This report, which indicated that the U.S. personal consumption expenditures (PCE) price index rose by 0.3% from February to March, has influenced interest rate futures prices. These now suggest a 65% probability of a rate cut during the Fed’s mid-September meeting, a noticeable increase from the previous likelihood of less than 60%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Is Down but Don't Thank the Fed READ MORE VP Harris Pledges No Fracking Ban, Emphasizes Clean Energy Progress READ MORE Could Gold Hit $5000 in 2024? READ MORE DataTrek: Silver Undervalued Relative to Gold, Cyclical Gains Expected READ MORE July PCE Data Reinforces Powell's Stance on Potential Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment