Breaking: Traders Intensify Bets on Half-Point Fed Rate Cuts Amid Crucial Meeting
Breaking: Traders Intensify Bets on Half-Point Fed Rate Cuts Amid Crucial Meeting As the Federal Reserve convenes today, bond traders are significantly increasing their bets on more aggressive interest rate cuts, with some speculating on a half-point reduction by year-end. While a quarter-point cut is widely anticipated as the initial move, a softening labor market is prompting a segment of traders to hedge against the possibility of deeper cuts in the coming months. This heightened speculation comes even as inflation…