Mar 13, 04:35 PM

Traders Eye Fed Rate Path Amid Hot CPI Data, Wells Fargo Shifts to June Rate Cut Prediction for US Fed

Traders are closely watching US inflation data for clues on the Federal Reserve's rate path. Despite hot CPI numbers, traders still anticipate a rate cut in June. Wells Fargo has revised its prediction, now expecting the Fed to start cutting rates in June instead of May.

#US #Federal Reserve #Wells Fargo #Fed

Written with ChatGPT (GPT-3).

Sources

Reuters@Reuters
2 years ago
Wells Fargo pushes back Fed rate-cut expectation to June from May https://t.co/dy9Cew3QOW https://t.co/6rjm9bUw3x
PiQ@PiQSuite
2 years ago
⚠️ WELLS FARGO PUSHES BACK ITS EXPECTATION OF FIRST FED RATE CUT TO JUNE Full Story → https://t.co/91Rpii9QVp Wells Fargo on Wednesday said that it expects the U.S. Federal Reserve to start cutting interest rates in June, compared to its earlier expectation of a cut in May. https://t.co/2nlhQtwnQ1
*Walter Bloomberg@DeItaone
2 years ago
WELLS FARGO NOW EXPECTS US FED TO START CUTTING RATES IN JUNE VERSUS MAY EXPECTED EARLIER

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Traders Eye Fed Rate Path Amid Hot CPI Data, Wells Fargo Shifts to June Rate Cut Prediction for US Fed

Sources

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