RFK JR. WANTS HEPATITIS B SHOT PUSHED TO 4 YRS: EX-CDC OFFICIAL
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DIMON: WOULD HAVE NO PROBLEM COMPLYING WITH EPSTEIN SUBPOENA
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DIMON: TRUMP SAYS FED SHOULD BE INDEPENDENT, I'M NOT CONCERNED
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STRAVA EYES BANK TALKS FOR POTENTIAL U.S. IPO – SOURCES
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JONES: WE DO THINK THERE WILL BE A SERIES OF RATE CUTS
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JONES: INFLATION MAY REMAIN STUBBORN BECAUSE OF TARIFFS
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SOCIETE GENERALE US RATES STRATEGY HEAD RAJAPPA: FED GOING TO HAVE TO FRONTLOAD CUTS
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RAJAPPA: FED HAS 'SOME LUXURY' IN SPREADING OUT CUTS
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*FED MEDIAN PROJECTION SHOWS 50 BPS MORE RATE CUTS IN 2025
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*FED SAYS GOVERNOR MIRAN DISSENTS IN FAVOR OF HALF-POINT CUT
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FED PROJECTIONS SHOW 9 OF 19 OFFICIALS SEE TWO ADDITIONAL CUTS IN 2025, TWO SEE ONE CUT, SIX SEE NO MORE REDUCTIONS
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*THE FED EXPECTS 50 BPS MORE OF RATE CUTS THIS YEAR
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TRADERS ADD TO BETS ON AT LEAST ONE MORE FED RATE CUT THIS YEAR
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📉 FED CUTS RATES BY 25 BPS TO 4.00–4.25%
The Fed just lowered its key rate by 25 bps, citing rising downside risks to employment. Projections signal another 50 bps of cuts by year-end, followed by 25 bps per year in 2026 and 2027.
On Kalshi, traders now see:
🔸 59% odds of exactly 3 cuts in 2025
🔸 30% odds of 2 cuts
🔸 11% odds of 4 cuts
https://t.co/C8GTugSBC4
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The Fed just lowered its key rate by 25 bps, citing rising downside risks to employment. Projections signal another 50 bps of cuts by year-end, followed by 25 bps per year in 2026 and 2027.
On Kalshi, traders now see:
🔸 59% odds of exactly 3 cuts in 2025
🔸 30% odds of 2 cuts
🔸 11% odds of 4 cuts
https://t.co/C8GTugSBC4
(@WalterBloomberg)
FED: INFLATION HAS MOVED UP AND REMAINS 'SOMEWHAT ELEVATED'
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