"​Rate Cut Bets Diminish" Writes Bloomberg, saying traders are now betting against any Fed move down this year. "Options on federal funds futures show traders are split on whether the Fed will lift or cut rates by year-​end. Traders saw a 36 percent chance the Fed will lift its target to at least 5.​5 percent in December as of June 14.... Traders see a 31 percent chance of one or more rate cuts from the Fed by the end of the year," says Bloomberg.

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