#The Fed may cut interest rates.#

There is a divergence in market expectations regarding a Fed rate cut. Traders anticipate a Fed rate cut in 2025, potentially as early as June. However, some traders have adjusted their full pricing for the next Fed rate cut to October. This indicates differing interpretations of the Fed's future monetary policy direction, with some traders believing the Fed will begin cutting rates this year, while others believe the rate cut may be delayed until next year. This is closely tied to recent economic data and inflation trends, and the market requires more information to assess the Fed's next move.