Traders Pare Bets on Fed Rate Hike This Year as Oil Prices Fall

🇺🇸 Bloomberg (US) —

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Bond traders have reduced bets on a Federal Reserve interest-rate hike this year following a decline in oil prices, which has bolstered optimism regarding the inflation outlook in the United States.

Bond traders stopped fully pricing in a Federal Reserve interest-rate increase this year amid a retreat in oil prices that reinforced positive sentiment on the inflation outlook.

Markets Energy Federal Reserve interest rates bond traders oil prices inflation United States

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