Odds of Fed Pausing Rates in June Stand at 85% Before CPI Data

Odds of Fed Pausing Rates in June Stand at 85% Before CPI Data

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Ahead of the release of key U.S. inflation data Wednesday, investors have increased their bets that the Federal Reserve will pause its campaign of interest-rate hikes and hold rates steady in June, based on the pricing of federal-funds futures. There is now an 85% chance the Fed’s policy-setting co

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