Jin10 data reports on June 11, that due to the price rise in May being somewhat milder than expected, traders are slightly shifting their bets towards the prospect of interest rate cuts before October. Investors will closely follow the Federal Reserve's dot plot in June for evidence of how Fed officials are considering policy for the remainder of the year.
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A moderate inflation report has led the market to bet on a rate cut in September.
Jin10 data reports on June 11, that due to the price rise in May being somewhat milder than expected, traders are slightly shifting their bets towards the prospect of interest rate cuts before October. Investors will closely follow the Federal Reserve's dot plot in June for evidence of how Fed officials are considering policy for the remainder of the year.