From Yahoo Finance: 2025-06-11 08:47:00

Cooler U.S. inflation data has markets convinced Fed will cut rates by September. Consumer Price Index rose just 0.1% in May, less than expected. Traders now see a 68% chance of rate cut by September. Fed likely to keep rates steady next week. Tariffs could impact inflation and labor market.

Uncertainty over tariffs persists despite U.S.-China trade deal. Trump announces lower tariffs on Chinese goods. Markets relieved after inflation data, risks appear to be receding. Fed remains cautious, monitoring economic developments. Financial markets optimistic but cautious.

Read more: Fed seen on track to start cutting rates by September