Published 18:24 IST, April 29th 2024

Brokerages adjust forecasts for Fed rate cuts after March CPI data

The CME FedWatch tool indicates a significant shift in market sentiment, with the probability of a rate cut in June dropping to 11.5 per cent from 50 per cent.

Reported by: Business Desk
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US Federal Reserve | Image: Shutterstock
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18:24 IST, April 29th 2024