The financial markets are reacting strongly to the possibility of the Federal Reserve lowering interest rates. Following a late-night announcement and signals from potential future leadership like Kevin Hassett, market expectations have significantly shifted. Wall Street analysts are scrambling to revise their forecasts, with many now predicting a high probability (around 90%) of a rate cut. Hassett's comments, along with hints of positive news from Trump, are contributing to this expectation, suggesting potential impacts on the bond market.
