Stashing Cash - USFR's Floating-Rate Structure Offers A Competitive Yield

Core Viewpoint - The Federal Reserve is expected to announce a quarter-point cut in its policy rate for the second consecutive month, with the Fed Fund futures market indicating a 98% probability of this outcome [1]. Group 1 - The Fed Fund futures market reflects a high likelihood of a quarter-point rate cut, suggesting strong market expectations for monetary easing [1].