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.
US Federal Reserve | Image:
Shutterstock
- Listen to this article
- 2 min read
Advertisement
18:24 IST, April 29th 2024