Markets are putting pressure on the Federal Reserve for at least one rate cut
January 31, 2020 at 15:13 PM EST
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.
