Treas Sec Bessent: Fed's favorite inflation measure is down. ...Middle East

Fed's favorite inflation measure is downMarket isn'';t pricing in inflationHard data is still resilient

The Fed meets on Wednesday with the expectations that the Fed will keep rates unchanged.

The market is pricing in a 28% chance for a 25 basis point cut in June.

This article was written by Greg Michalowski at www.forexlive.com.

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