ChainCatcher news, according to Jinshi reports, U.S. short-term interest rate futures still indicate that the Federal Reserve will cut interest rates in June after the release of initial jobless claims and PPI data.

ChainCatcher news, after Powell stated that the Federal Reserve does not need to rush to adjust interest rates, U.S. short-term interest rate futures continue to bet that the Federal Reserve will cut rates in June and expect a total of 3 rate cuts by 2025. (Jin Ten)

ChainCatcher News, U.S. short-term interest rate futures rose as traders believe the likelihood of a Federal Reserve rate cut has increased. Traders have increased their bets on a rate cut by the Federal Reserve in December.

ChainCatcher news, according to Jinshi reports, U.S. short-term interest rate futures rose after the U.S. data was released, as traders increased their bets on a Federal Reserve rate cut.