Market expects 4 Fed rate cuts in 2025.⚡️
According to CME, after the release of the inflation report (CPI), expectations for a US interest rate cut have risen sharply.
Now traders are pricing in four 25 bps cuts — in June, July, September, and December. Until recently, the base case scenario assumed only three cuts.
The probability of the first cut in June has increased to 67%.
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