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The probability of the Fed not cutting interest rates or cutting once has risen to 34%.
2025-06-06 13:10:29

Odaily News Wall Street traders scaled back their bets on rate cuts after Friday's stronger-than-expected May nonfarm payrolls report. According to CME data, interest rate futures show that the probability of three or more 0.25 percentage point rate cuts this year has dropped to 25% from 36% on Thursday. The probability of one or zero rate cuts has risen to 34% from 25%. (Jinshi)

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