Fed Funds expectations/probabilities for the upcoming 6 FOMC meetings moved wildly following the stronger than expected payroll data and higher inflation expectations in Michigan Sentiment.  market's now just barely pricing in one cut in July at the earliest and even then it's essentially 50/50. 

#FOMC #economy #recession #GDP #jobs #Fed #CPI #PPI #inflation #deflation #stagflation #wages #unemployment #employment #payrolls #earnings #Housing #trend #ISM #PMI