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Traders continue to bet that the Fed will pause rate cuts in January next year and increase bets on a rate cut in March

Traders continue to bet that the Fed will pause rate cuts in January next year and increase bets on a rate cut in March

CointimeCointime2024/12/20 14:11
By:Cointime

both the US PCE and Core PCE data were lower than expected. Traders continue to bet that the Federal Reserve will pause interest rate cuts in January and increase bets on a rate cut in March, with another expected in October. 

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