After Fed Chairman Jerome Powell and other Federal Reserve officials recently suggested a path for easier monetary policy, rate-cut expectations have accelerated. Trader and investor anticipation of lower rates has been sparked by signs of a slowing economy, even with the markets approaching their all-time highs. Just a week ago the market was not only pricing in a 100 percent probability of a 25 basis point cut but also a chance of a 50 basis point cut. However, that has changed as the CME FedWatch Tool is now targeting a 47 percent chance of a 25 basis point cut and a 53 percent chance of no cut at all. All eyes ... (full story)