Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Will the Fed cut interest rates in June?

Announced on 6/5, the number of ADP employees in May decelerated more than expected, and the labor market cooled down further. After the data is announced, investors will review the US Federal Reserve (Fed) interest rate cut outlook.
According to CME's Fed Watch tool, the probability that interest rate cuts will be implemented in September is 56.2%, and there is a possibility that interest rate cuts will be implemented twice by the end of the year. At 20:30 on 6/7, the US Department of Labor announced the May employment situation report, and data that will weigh heavily on the growth in the number of people employed in the non-farm sector and the unemployment rate will be published, but what kind of signals will be announced?
On 6/5, Canada became the first country in the G7 to cut interest rates. On 6/6, the European Central Bank cut interest rates by 25 bp as expected, and the three main interest rates were lowered to 4.25%, 3.75%, and 4.50%, making it the second G7 member country to cut interest rates since 2019. Will the US Federal Reserve (Fed) act in conjunction with it?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
See Original
Report
5157 Views
Comment
Sign in to post a comment
    151Followers
    8Following
    675Visitors
    Follow