Fed's bet on interest rate cuts reduces: the probability of not cutting interest rates or cutting interest rates once rises to 34%"

Crypto 7x24

2025-06-06 22:10:34

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Wall Street traders scaled back their bets on interest rate cuts after Friday's stronger-than-expected May non-farm payrolls report was released. Interest rate futures showed the likelihood of three or more 0.25 percentage point rate cuts this year dropped to 25 percent from 36 percent on Thursday, according to CME. The probability of one or no rate cuts rose from 25% to 34%. (Jin Shi)

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