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Traders Boost Bets on Just One 2025 Fed Cut Ahead of CPI Data

(Bloomberg) -- Traders are increasingly betting that the Federal Reserve will cut interest rates only once this year amid signs of resilient growth and sticky inflation.Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Mayoral Candidates All Agree on Building More Housing. But Where?NY Long Island Rail Service Resumes After Grand Central FireSenator Calls for Closing Troubled ICE Detention Facility in New MexicoCalifornia Pitches Emergency Loans for

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How major US stock indexes fared Tuesday, 6/10/2025

The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 0.6%. The hope is that President Donald Trump will lower his tariffs on China and other countries after reaching trade deals with them, and stocks have already rallied strongly on such expectations. The Nasdaq composite rose 123.75 points, or 0.6%, to 19,714.99.

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How major US stock indexes fared Tuesday, 6/10/2025

The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 0.6%. The hope is that President Donald Trump will lower his tariffs on China and other countries after reaching trade deals with them, and stocks have already rallied strongly on such expectations. The Nasdaq composite rose 123.75 points, or 0.6%, to 19,714.99.

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