Svmuu News: Traders have increased their bets that the Federal Reserve may not wait until Federal Reserve Chairman Jerome Powell’s term ends in May to cut interest rates, following a report from the U.S. Bureau of Labor Statistics showing that core consumer prices rose slightly less than expected.Although traders still view a June rate cut as the most likely outcome, the latest data puts the probability of a rate cut in April at around 42%, up from 38% prior to the release of the Federal Reserve. (Jin Shi)