April 10 (Reuters) – Traders on Friday kept bets the Federal Reserve will leave interest rates on hold through the end of 2026 after the Labor Department reported consumer prices surged in March, as expected.
They continue to see about a one-in-three chance of chance of a rate cut by the Fed’s December meeting, based on pricing in interest-rate futures contracts traded at CME Group.
(Reporting by Ann Saphir; Editing by Toby Chopra)
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