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Those worries took on added urgency following Wednesday's robust consumer price data: futures markets now show investors expect rates to fall by just 40 basis points this year, compared to 150 basis points priced in at the start of 2024.
Analysis-Unraveling US Rate Cut Bets Spur Investor Portfolio Shifts usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Fears of rebounding inflation are
forcing investors to prepare for a scenario few expected to
confront in 2024: a year without U.S. interest rate cuts. Expectations for how much policy.