Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data

11 hours ago 1
Symbol (Stamp) of Federal reserve system of USA on dollar. Finance system concept

Dmitri Kalvan

U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday.

Chances of a September rate cut plunged below 50% the day before yesterday after chair Jerome Powell's hawkish remarks, and then fell below 40% on Thursday after a stubborn

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