One-in-Three Chance of Half-Point Fed Rate Cut in September, Predict Rate Futures Traders After Powell Speech

**Title: Market Sentiment Shifts: Traders Anticipate One-in-Three Chance of Fed Rate Cut**

In a noteworthy turn of events, traders of rate futures are now pricing in approximately a one-in-three chance of a half-point Federal Reserve rate cut in September. This represents a significant increase from the sentiment held prior to Federal Reserve Chair Jerome Powell’s recent speech.

The shift in expectations underscores the influence of Powell’s remarks on market perceptions, prompting traders to adjust their forecasts regarding possible Federal Reserve actions. This development signals heightened attention to upcoming Fed meetings and economic indicators, as market participants look to gauge the potential impact on interest rates and overall financial conditions.