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 Maritime Bottlenecks Resurface, Pushing Freight Rates Towards Covid-Era Peaks READ MORE China Unleashes Bold Measures to Rescue Property Market Crisis READ MORE Fed's Bostic Warns: No Quick Path to Interest Rate Cuts READ MORE US Inflation Hits 12-Month Low, Sparking Hope for Economic Relief READ MORE Add a Comment Cancel replyYour email address will not be published.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