---
title: Traders no long expect Fed to cut rates in May and switched to June.
description: "*Approximately 90 bps of cuts are now priced in for the full year, down from 137 bps expected before the Jan. 30-31 FOMC meeting.\nSource: Bloomberg"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Traders no long expect Fed to cut rates in May and switched to June.](https://blog.syzgroup.com/syz-the-moment/traders-no-long-expect-fed-to-cut-rates-in-may-and-switched-to-june)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 19, 2024, 10:21:13 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/traders-no-long-expect-fed-to-cut-rates-in-may-and-switched-to-june)

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