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Traders Bet Slowing Inflation Will Let Fed Pause After July Hike

Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what is still widely expected to be an interest-rate hike at its meeting in two weeks time, traders bet on Wednesday.Implied yields on futures tied to the U.S. central bank's policy rate fell after a government report showed consumer prices last month rose 3.0% from a year earlier, after climbing 4.0% in May.Underlying inflation, whose persistence has been particularly worrying to Fed poli
Traders Bet Slowing Inflation Will Let Fed Pause After July Hike

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