Binance News
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Trump announces suspension of tariff plans on most countries, traders adjust Fed rate cut expectations
According to Jinshi data reports, U.S. President Trump announced a 90-day suspension of plans to raise tariffs on most countries. This move caused traders to significantly reduce bets on a rate cut by the Federal Reserve in May.Interest rate futures trading shows that traders believe there is a greater likelihood of a rate cut starting in June in the U.S. They expect the Federal Reserve to cut rates a total of four times before the end of this year.
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