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Traders Expect Highest Probability of Fed Rate Cut in September, 21% Chance in July

Summary: Following the release of JOLTs data, traders slightly reduced their expectations of a Fed rate cut, with the highest probability now seen in September and a 21% chance in July.

Following the release of JOLTs data, traders slightly reduced their expectations of a Fed rate cut, with the highest probability now seen in September and a 21% chance in July.

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