Binance News
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Trump suspends tariffs on most countries, prompting traders to adjust their expectations for a Fed rate cut.
According to Jinshi Data, US President Trump announced a 90-day suspension of plans to increase tariffs on most countries. This move caused traders to significantly reduce their bets on the Federal Reserve to cut interest rates in May.Interest rate futures trading suggests traders see a greater likelihood of U.S. rate cuts starting in June. They expect the Fed to cut rates a total of four times by the end of the year.
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