Federal Reserve Chair Powell to maintain interest rates despite cooling inflation, traders anticipate rate cuts.

From Yahoo Finance: 2025-06-13 00:01:00

Federal Reserve Chair Jerome Powell is expected to maintain interest rates despite recent data showing a cooling in inflation. The Producer Price Index rose just 0.1% in May, lower than the predicted 0.2% increase. Traders are already pricing in two rate cuts this year, with the first expected in September. Inflation impact from tariffs may still materialize in the coming months due to pre-tariff stockpiling and delayed pass-through into import prices. Treasury yields hit their lowest levels in a week as traders anticipate rate cuts.



Read more at Yahoo Finance: Just How Much Data Does the Fed Need to Cut Rates?