Market sees nearly 50% chance of a Fed rate cut by the end of January 2020
March 20, 2019 at 14:30 PM EDT
Markets are becoming more convinced that the Federal Reserve will be more accommodative on rates. The fed funds futures market is assigning a 47.7 percent probability of a rate cut by Jan. 29, according to the CME's FedWatch tool, which has been a reliable gauge of the Federal Open Market Committee's actions. The Fed left interest rates unchanged on Wednesday and...
