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Money markets expect the Fed to cut interest rates by 25 basis points three times this year, and expectations have become more dovish
2025-03-12 11:34

Odaily News The U.S. Bureau of Labor Statistics will release its February Consumer Price Index (CPI) report at 20:30 tonight, and economists predict that U.S. inflation may remain high last month after a sharp rise in January, which will further prove that the Fed's progress in curbing prices has stalled. The cooling inflation data may strengthen traders' bets on the Fed to cut interest rates. Currently, the money market expects three 25 basis point rate cuts this year, which has become more dovish than the two rate cuts that were fully priced in a week ago. (Jinshi)