Traders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump's tariffs could tip the U.S. into a recession.
Odds of five quart… [+2132 chars]
Traders betting Fed will cut rates at least 4 times this year to bail out economy - CNBC
Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.
By:Sarah Min
Source:CNBC
Published:
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