What are markets pricing in for the Fed as we await Powell's testimony later today?

Published: 10/07/2019
What are markets pricing in for the Fed as we await Powell's testimony later today?
Source: WWW.FOREXLIVE.COM

Fed funds futures fully phase out a 50 bps rate cut for July ForexLive And odds of a 25 bps rate cut in July now stands at 98.5% after having been fully priced in almost since the June FOMC meeting. But the key change has been odds of a 50 bps rate cut, which has fallen dramatically

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