May 6, 2024
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Markets Now Betting Fed Will Cut Rates in September After Disappointing Jobs Report
Markets are increasingly pricing in the chances of the Federal Reserve cutting interest rates at its next meeting in September.
Wall Street Traders Will Get Fatter Bonuses After Riding Volatile Markets, Consultancy Says
Wall Street stock and bond traders can expect their bonuses to jump 10% to 30% this year as they cashed in on turbulent markets.