Traders see Fed cutting rates in June after jobs data
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FILE PHOTO: The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo
(Reuters) - Traders of short-term interest-rate futures continue to bet the Federal Reserve will next cut its policy rate in June after a government report showed the U.S. unemployment rate was 4% last month.
Traders also continue to see a second rate cut by the end of 2025 as more likely than not.
(Reporting by Ann Saphir; Editing by Mark Potter)
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