🚨23% NOW EXPECT A RATE CUT AT THE NEXT FOMC $BANANAS31

Traders pricing in a March rate cut rose to 23%, up from 18.4% on Friday as per CME FedWatch. $F

The shift follows investor concerns that Kevin Warsh could take a more hawkish stance as Fed chair. $DUSK

Markets are pricing only a 25 bps cut, with no further expectation for a larger move.