US EditionTraders cut their bets on 2025 interest rate cuts to 3 from 4 ahead of Wednesday Fed meeting
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Traders cut their bets on 2025 interest rate cuts to 3 from 4 ahead of Wednesday Fed meeting
Traders are betting on a slower pace of interest-rate cuts from the Federal Reserve in 2025. But they are raising their bets on more aggressive cuts in 2026. Just a day ahead of the central bank’s interest rate decision, money markets have moved to price in three quarter-point reductions this year, one less cut than was priced in at the start of April. About a half point of additional cuts are expected next year, the most priced in for 2026 at a…
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