off-the-wire

Traders see Fed cutting rates in June after jobs data

Kitco Media
By Reuters
Published:
Updated:
Reuters
Traders see Fed cutting rates in June after jobs data teaser image

Feb 7 (Reuters) - Traders of short-term interest-rate futures continue to bet the Federal Reserve will next cut its policy rate in June after a government report showed the U.S. unemployment rate was 4% last month.

Traders also continue to see a second rate cut by the end of 2025 as more likely than not.

Reporting by Ann Saphir Editing by Mark Potter

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