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FinanceBloomberg Markets1h ago

Traders Keep Bets on a Fed Hike in 2026 After CPI Data

Bond traders maintained bets that the Federal Reserve will raise interest rates by the end of the year, even after a soft US core inflation reading eased pressure on Chairman Kevin Warsh to act sooner.   Sree Kochugovindan, Senior Research Economist at Aberdeen, discusses the path forward for the...

CryptoCryptoSlate3h ago

Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000

Bitcoin rose above $62,000 after the latest US inflation report gave traders enough relief to step back from a deeper test of the $60,000 level. The move followed several days of pressure across crypto markets, where investors had been preparing for the possibility that a hotter inflation print ...

FinanceBloomberg Markets5h ago

Bond Traders Keep Bets on a Fed Hike in 2026 After CPI Data

Bond traders maintained bets that the Federal Reserve will raise interest rates by the end of the year, even after a soft US core inflation reading eased pressure on Chairman Kevin Warsh to act sooner.