Markets are putting pressure on the Federal Reserve for at least one rate cut

The fed funds futures market, where traders go to bet on the central bank’s policy direction, is pricing in about a 58% chance of a rate cut by June, according to the CME’s FedWatch tool. Traders are even making room for two cuts, assigning a nearly 60% chance of another move lower in December.

Original Source -> Markets are putting pressure on the Federal Reserve for at least one rate cut