Traders now see two Fed rate cuts this year

Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Traders bring back bets on two Fed rate cuts in 2025
Traders of interest-rate futures on Wednesday were pricing close to even odds the Federal Reserve will cut interest rates twice by the end of this year, with the first reduction to come in June. Government data showed consumer prices rose 2.
Traders now see two Fed rate cuts this year after benign December inflation data
Traders of interest-rate futures are now predicting nearly equal chances on Wednesday that the Federal Reserve will lower interest rates twice by the end of this year, according to data compiled by Reuters.

Fed, Beige Book and slight growth

NAB: Fed may ease rates in mid-2025
Rodrigo Catril, senior currency strategist at NAB sees optimism in the latest U.S. data release, suggesting that the Fed ...
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
US businesses optimistic but flag concerns, Fed survey shows
The survey's findings, which draw on observations from the business contacts of each of the Fed's 12 regional banks, provide ...
Bitcoin Tops $100,000 Level as Angst Over Fed Policy Path Eases
Bitcoin notched its biggest gain of the new year as reassuring US inflation figures revived bets on further interest-rate ...
Fed Hawks and Doves: What US Central Bankers Are Saying
Notes: Fed policymakers reduced the policy rate in December to the 4.25%-4.50% range. Projections showed most policymakers ...
Rupee may not build on recovery despite renewed Fed rate-cut hopes
The non-deliverable forwards indicated that the Indian rupee is unlikely to recover more on Thursday despite renewed hopes ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
NY Fed’s Williams Sees Hybrid Work Model Persisting
More workers will probably continue to be allowed to work partially in the office and partially at home than before the ...
Fed Officials Say They're Confident Inflation Will Fall To 2% ... Eventually
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...