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Traders boost bets on Jun. start to Fed rate cuts

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Traders on Friday bet the Federal Reserve will wait until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month, even as they bet that the...
From Reuters
Trump on Wednesday imposed a 10% baseline tariff on all imports to the U.S. and higher duties on dozens of other countries.
From Reuters
On average imports may now carry a tax as high as 27%, Citi economists estimated, with higher levies on some types of goods and some countries and lower ones on others.
From Reuters

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Traders betting Fed will cut rates at least 4 times this year to bail out economy
Traders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump's tariffs could tip the U.S. into a recession.Odds of five quarter-point reductions coming this year jumped to 37.
Fed to go big with June start to interest-rate cuts, traders bet
Traders on Friday bet the Federal Reserve will wait until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month, even as they bet that the first rate cut will be a bigger-than-usual half-point reduction.
After U.S. jobs data, fed-funds futures point to Fed rate cut in June
Traders in the federal-funds futures market were pricing in a potential interest-rate cut from the Federal Reserve in June, as they parsed fresh data Friday on U.S. employment in March. Fed-funds futures indicated a 66.
Morgan Stanley expects no rate cuts from the Fed this year
Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.
Trump's tariffs on China, EU and more, at a glance
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order,
President Trump’s tariffs expected to go into effect immediately
President Donald Trump is set to announce and immediately enact sweeping global tariffs Wednesday afternoon, a move that could shake international markets and drive-up costs for American consumers.
With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
U.S. Federal Reserve officials who've said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday when he unveiled sweeping tariffs analysts say could dramatically reshuffle the country's economic outlook.
Trump just massively escalated his trade war. Here’s what he announced
President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.
Barclays sees 'high risk' of US recession this year
There is a 'high risk' of the U.S. economy falling into a recession this year after President Donald Trump's sweeping new tariffs, Barclays said on Thursday.
Fed's Jefferson in no hurry to adjust rates, policy well-positioned
(Reuters - Federal Reserve Vice Chair Philip Jefferson on Thursday said that with the U.S. economy in solid shape, tariffs already pushing upward on goods inflation, and higher than usual uncertainty over the outlook,
Fed’s Jefferson Says Rates Well Positioned for Uncertainty
Federal Reserve Vice Chair Philip Jefferson said interest rates remain well positioned to handle competing risks despite a high degree of uncertainty in the economic outlook amid substantial changes to US policies on trade,
Rates are down, but this CD still promises 9.5% — plus 9 more CDs with the best APYs of April 2025
The average annual percentage yield for a 12-month CD dropped two basis points this month to 1.78%, according to the FDIC. That said, some CDs are bucking the trend: “The best-yielding CDs offer returns in excess of 4%,
Fed's Powell to weigh in amid tariff fray, market drop
With sweeping new U.S. tariffs now in play globally and markets shaken as a result, Federal Reserve Chair Jerome Powell on Friday will add his voice to a growing debate at the central bank over whether the Trump administration's new policies are more likely to stoke higher inflation or undercut growth and employment so much the Fed will have to respond.
US tariffs to force quicker Fed, ECB rate cuts to support growth, says Nomura
The U.S. reciprocal tariffs will stymie economic growth and lift inflation, forcing the Federal Reserve to start lowering interest rates from the end of this year, while the European Central Bank could cut rates as soon as this month,
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What the Jobs Report Means for the Federal Reserve
The jobs report lets the Federal Reserve maintain its wait-and-see stance with less discomfort—even though investors speculate the central bank will be forced later this year to cushion the blow from President Trump's sudden tariff increases by lowering rates.
One of the Fed's top recession alarms sends 2008-style signal
One of the Federal Reserve's preferred recession indicators has this week deteriorated as fast as it did in 2008, the latest sign that bond investors are bracing for a sharp economic slowdown as a result of U.
Fed’s Kugler Supports Holding Rates Amid Higher Inflation Risks
Federal Reserve Governor Adriana Kugler said it’s appropriate to keep interest rates unchanged until upside risks to inflation abate, pointing to government policy changes, the recent lack of progress on cooling price growth and rising inflation expectations.
The US economy added way more jobs than expected in March, even as federal jobs edged down
The March jobs report showed strong job growth but a surprise jump in unemployment.
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