[Probability of Fed Rate Cut in April Rises to 42% After CPI Release] Jinshi Data, January 13 – According to Reuters, on Tuesday, traders increased their bets that the Federal Reserve might not wait until Fed Chair Powell's term ends in May to cut rates. This comes after the U.S. Bureau of Labor Statistics reported that core consumer price increases were slightly lower than expected. Although traders still believe a rate cut in June is the most likely outcome, based on the latest data projections, the probability of a Fed rate cut in April is approximately 42%, up from 38% before the data release.