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FX Daily Updates
Fed seen on course for June start to 2025 rate cuts after data
georgemiller
Publish Date: Thu, 13 Mar 2025, 12:53 PM

March 13 (Reuters) - The Federal Reserve is seen restarting interest-rate cuts in June, traders bet on Tuesday, as government data showed U.S. producer prices were unexpectedly flat last month and weekly jobless claims fell.
Short-term interest-rate futures after the data were pricing about a 75% chance of a quarter-point reduction to the Fed's policy rate by June, little changed from what was seen prior to the data. They continue to price in a total of three rate cuts for the year.
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https://www.reuters.com/markets/us/fed-seen-course-june-start-2025-rate-cuts-after-data-2025-03-13/