CoinVoice has learned that, according to Jinshi reports, on Tuesday, traders increased their bets, believing that the Federal Reserve may not wait until after Chairman Powell's term ends in May to cut interest rates. Previously, the U.S. Bureau of Labor Statistics reported that core consumer prices rose slightly less than expected. Based on the latest data, the probability of the Federal Reserve cutting rates in April is approximately 42%, up from 38% before the data was released.
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CoinVoice has learned that, according to Jinshi reports, on Tuesday, traders increased their bets, believing that the Federal Reserve may not wait until after Chairman Powell's term ends in May to cut interest rates. Previously, the U.S. Bureau of Labor Statistics reported that core consumer prices rose slightly less than expected. Based on the latest data, the probability of the Federal Reserve cutting rates in April is approximately 42%, up from 38% before the data was released.