With inflation continuing to cool, the Federal Reserve is set to cut interest rates for a second time this year.

That doesn’t look likely. Bond futures markets overwhelmingly expect the Fed to proceed with a 0.25% rate cut, according to ...

However, with the current fed funds rate of 4.75-5.0% well above the Fed’s estimate of the neutral rate (2.9%), we think inflation will be low enough for the Fed to keep cutting rates: our base case ...