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13:46
After the release of the CPI, the probability of a Fed rate cut in April rises to 42%
According to Odaily, traders have increased their bets that the Federal Reserve may not wait until Chairman Powell's term ends in May to cut interest rates, following a report from the U.S. Bureau of Labor Statistics indicating that core consumer prices rose slightly less than expected. Although traders still believe a rate cut in June is the most likely outcome, the latest data predicts about a 42% probability of a rate cut in April, up from 38% before the data release. (Golden Ten Data)
13:45
Yield lost approximately $3.73 million in Vault operations
Yield suffered an extreme slippage loss of approximately $3.73 million during Vault operations, involving a transaction swapping stkGHO for USDC, where 3.84 million GHO were exchanged for only 112,000 USDC. (PeckShield)
13:45
Ella Jersey: December CPI Data Brings Possibility of Fed Rate Cut in March into Consideration
ChainCatcher news, according to Golden Ten Data, market analyst Ella Zezi stated that the relief brought by the lack of a substantial rise in US inflation has led to blind optimism in the market and pushed up bond yields. The overall CPI year-on-year increase is 2.7%, which means the core PCE annual rate will be below 2.5%, clearing the way for the Federal Reserve to take a more dovish stance. Although a rate cut in January is still not considered a certainty, this undoubtedly brings the possibility of a March rate cut officially into consideration.
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