Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept market sentiments under pressure, raising concerns about the interest rates will stay higher for longer.
CPI Report Reaction: Market Bets on Fed Rate Cut Fall As US Inflation Climbs
coingape.com
12 March 2024 22:21, UTC