The odds are virtually nil that the Federal Reserve will raise interest rates through early 2020, according to Fed funds futures. Driving the market's forecast: accumulating signs that the economy is slowing and inflation remains subdued. As long as this one-two punch remains in force, which seems likely based on recent data, the central bank's recent run of policy tightening has likely ended and may even reverse course later in the year.
Meantime, the crowd is projecting that the Fed's target interest rate will remain stable at the current 2.25% to 2.50% range through January