(Reuters) - CHICAGO, May 9 - U.S. short-term interest rate futures suggest just a lone rate cut by the Federal Open Market Committee this year after policy-makers ended their meeting with a statement focused on inflation risks.
"The communique looks almost identical to the previous one. Though the Fed feels inflation can moderate, the predominant concern remains inflation," said strategists at 4CAST Ltd.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment