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The Fed is poised to cut its policy rate for the second month in a row. The Fed Fund futures market prices in a high 98% chance of a quarter-point expected to be announced on Wednesday afternoon. That would bring the Effective Fed Funds Rate (EFFR) to just 3.83%, implying that money market mutual funds would yield about 0.1 to 0.3 percentage points below that. (Remember, cash investors should look at the 30-day SEC yield as the best barometer of money market fund rates.)...