Markets price in 92% chance of another Federal Reserve rate cut in October

Markets now expect the Fed to lower rates again in October, with the CME FedWatch Tool showing a 91. 9% chance of a second consecutive cut. This follows the quarter-point reduction last week, which was the first time the central bank had eased rates since December. The latest bets reflect Wall Street’s strong belief that the […] source: https://www.cryptopolitan.com/markets-another-fed-rate-cut-in-october/