KONTAN.CO.ID - The Federal Reserve is seen done raising interest rates and starting to cut them in the summer, after a government report on Tuesday showed U.S. job openings in February dropped to the lowest level in nearly two years. Prices of fed funds futures after the monthly Job Openings and Labor Turnover Survey, or JOLTS report, was released reflected a jump in bets by traders of rates remaining unchanged in May. Baca Juga: Australia Pauses Rate Hikes to Assess Tightening Impact on Inflation
Traders Up Bets Fed Won't Hike Rates in May, Cuts to Begin in Summer
KONTAN.CO.ID - The Federal Reserve is seen done raising interest rates and starting to cut them in the summer, after a government report on Tuesday showed U.S. job openings in February dropped to the lowest level in nearly two years. Prices of fed funds futures after the monthly Job Openings and Labor Turnover Survey, or JOLTS report, was released reflected a jump in bets by traders of rates remaining unchanged in May. Baca Juga: Australia Pauses Rate Hikes to Assess Tightening Impact on Inflation