Bond traders maintain expectations for a Federal Reserve interest rate hike by year-end, despite a softer US core inflation reading. This eased immediate pressure on the Fed to act sooner, allowing for a “wait and see” approach. The core CPI’s 0.2% rise from April fell short of the 0.3% consensus forecast.
​Bond traders maintain expectations for a Federal Reserve interest rate hike by year-end, despite a softer US core inflation reading. This eased immediate pressure on the Fed to act sooner, allowing for a “wait and see” approach. The core CPI’s 0.2% rise from April fell short of the 0.3% consensus forecast. by Soban News (international And National News)
