Markets shift back toward potential Fed rate cut this year with Iran ceasefire in place
Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
Key Points
- Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
- Reported by CNBC.
Full Details
Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
Why It Matters
Finance & Markets story from CNBC. Click Enrich in admin for detailed analysis.
Get stories like this delivered daily
AI-curated news, personalized to your interests. Zero noise.
Start 7-Day Free Trial →More in Finance & Markets
U.S. has violated ceasefire agreement, Iran parliamentary speaker says
U.S. has violated ceasefire agreement, Iran parliamentary speaker says
Many on Wall Street saw this 'TACO' coming as Trump's brinkmanship starts to lose grip on market
Wall Street has coined the 'TACO' trade — shorthand for Trump Always Chickens Out — describing a pattern where investors treat Trump's aggressive trade or geopolitical escalations as a short-term sell signal, then buy the dip expecting a last-minute pullback. The most recent example occurred on April 8, 2026, when Trump paused planned strikes on Iran just minutes before an 8 p.m. ET deadline; the S&P 500 rallied and oil prices fell immediately after, confirming traders had already positioned for
Dow surges 1,200 points as U.S.-Iran ceasefire sends oil prices tumbling: Live updates
Trump said the "double sided" ceasefire was contingent on Iran agreeing to an opening of the Strait of Hormuz.
Stocks making the biggest moves midday: Meta Platforms, Delta Air Lines, Carnival, LyondellBasell & more
Here are the companies making headlines in midday trading.