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Traders Scale Back Rate Cut Expectations After Strong Jobs Report
ByAinvest
Thursday, Jul 3, 2025 8:48 am ET1min read
Traders are reducing bets on Federal Reserve rate cuts following a strong jobs report that showed 147,000 new nonfarm payrolls in June and a lower unemployment rate. Futures contracts indicate just a 5% chance of a Fed rate cut in July, down from 25% previously. Traders now expect only two rate cuts by December, down from three previously.
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