Markets are putting pressure on the Federal Reserve for at least one rate cut
Traders work on the floor at the New York Stock Exchange, January 14, 2020.
Brendan McDermid | Reuters
Federal Reserve officials this week affirmed their commitment to staying put on interest rates for the time being, but markets have other ideas.
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…
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