Odds of July Rate Cut Climb as Fed Officials Strike Dovish Tone

Odds of a July interest rate cut ticked up on June 23, as key Federal Reserve officials signaled support for a reduction next month.

New CME FedWatch Tool data from June 23 suggest that the futures market projects a 21 percent chance of a quarter-point rate cut in July, up from 14 percent a week ago.

Original News Source Link – Epoch Times

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