Fed Rate Cuts Are Priced In. Watch for Dissent Among the Committee.

Group 1 - The Federal Reserve is expected to cut interest rates next week, with a nearly unanimous consensus among committee members [1][2] - Traders are pricing in a 93% chance of a 25 basis-point cut, while the likelihood of a 50 basis-point reduction is significantly lower [2] - Federal Reserve governor Christopher Waller and Vice Chair for Supervision Michelle Bowman are likely to advocate for a larger cut, marking a notable dissent in the committee's recent history [2]