Traders increase bets on Fed rate cut in December

PANews reported on November 13 that according to Jinshi, traders have increased their bets on the Federal Reserve's interest rate cut in December. Traders are now pricing in about 75% chance of a rate cut by the Federal Reserve in December, compared to 60% before the release of US inflation data.

The U.S. unadjusted CPI annual rate in October was 2.6%, in line with market expectations, a three-month high, and ending a six-day losing streak.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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