Trump "Jawboning" Fed Trims 2026 Rate Cut Expectations, Year-End No Cut Probability at 11.8%
BlockBeats News, January 17th, according to CME FedWatch data, due to Trump's hint of nominating someone other than National Economic Council Director Hassett to replace Fed Chair Powell, traders have reduced their expectations of two Fed rate cuts in 2026.
By the end of 2026, the probability of no further rate cuts for the whole year is 11.8%, the probability of a total of 25 basis points rate cuts throughout the year is 30.3%, and the probability of a total of 50 basis points rate cuts is 32.1%.
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