Meanwhile, U.S. rate futures have priced in an 83.9% probability of no rate change and a 16.1% chance of a 25 basis point rate cut at the conclusion of the Fed’s January meeting.Minneapolis Fed President Neel Kashkari said on Monday that interest rates may now be near a neutral level for the U.S. economy, leaving incoming data to steer the central bank’s next moves.“A continuation of soft data would likely reinforce expectations of a more dovish Federal Reserve stance in 2026, with markets currently pricing ...