(Reuters) - Later this session, investors will focus on the release of
the Federal Reserve's favoured inflation measure -- the "core"
personal consumption expenditures price index -- to gain
hints on the chances of a Fed rate cut later this year.
Concerns about fallout from the market turmoil has helped
reignite talk of a Federal Reserve rate cut from the current 5.25
percent, with the futures market now factoring in a 70 percent
chance of a quarter-point rate cut by year-end.
Read more at Reuters.com Bonds News
the Federal Reserve's favoured inflation measure -- the "core"
personal consumption expenditures price index -- to gain
hints on the chances of a Fed rate cut later this year.
Concerns about fallout from the market turmoil has helped
reignite talk of a Federal Reserve rate cut from the current 5.25
percent, with the futures market now factoring in a 70 percent
chance of a quarter-point rate cut by year-end.
Read more at Reuters.com Bonds News
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