Market sees nearly 50% chance of a Fed rate cut by the end of January 2020

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...
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