The market expects the Federal Reserve to cut interest rates by a cumulative 77 basis points over the next year

Odaily Planet Daily News: After the release of the US CPI data, the market expects the Federal Reserve to cut interest rates by a total of 77 basis points over the next year, with a cumulative rate cut of 48 basis points by December. Previously, it was expected to cut interest rates by 67 basis points over the next year, with a rate cut of 42 basis points by December. (Golden Ten)