Rise in US Short-Term Interest Rate Futures Due to PCE Inflation Data

According to BlockBeats news, on September 27, U.S. short-term interest rate futures rose after the release of PCE inflation data, reflecting rising market expectations for further interest rate cuts by the Federal Reserve.

Interest rate futures traders see a slightly higher likelihood of a 50 basis point rate cut by the Fed in November than a 25 basis point cut. (Golden Ten)

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