Futures markets bet the Fed won't cut rates anytime soon

Odaily News Judging from the federal funds rate futures, concerns about the economy have been greatly reduced since Trump's "Liberation Day". A month ago, bets in the futures market reflected that the Fed had only a one-fifth chance of keeping interest rates stable in the first half of this year, and traders believed that trade policy chaos would weaken the economy and force the Fed to respond with loose policies. Now, the futures market believes that there is about a 90% chance that there will be no rate cut before the end of June. (Jinshi)