CME Fed funds futures pricing in 53% chance of Fed cutting rates in July versus 18% last week

Market news

3 June 2019

CME Fed funds futures pricing in 53% chance of Fed cutting rates in July versus 18% last week

97% chance of December rate cut versus 77% prior
80% chance of rates being cut twice or more by year-end versus 70% prior

BoC likely to remain on the sidelines - TDS

U.S. construction spending unchanged in April

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