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On Friday, futures showed a 0% probability of a rate hike in...

On Friday, futures showed a 0% probability of a rate hike in May.
Now, we are back to a 37% chance and rising.
However, futures still expect 3 rate CUTS by December.
Last week, Fed Chair Powell said the Fed expects no rate cuts in 2023.
The Fed-to-market disconnect continues.
On Friday, futures showed a 0% probability of a rate hike in May. Now, we are back to a 37% chance and rising. However, futures still expect 3 rate CUTS by Dece...
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