Markets are fully committed to a Fed rate cut this month, with CME data showing investors have priced in a 0% chance of a hold as weak labor figures and softer inflation drive dovish bets. Economists like Deutsche Bank’s Jim Reid and UBS’s Paul Donovan cautioned that while headline data supports easing, the details reveal more mixed pressures that Powell will need to weigh. There are few “sure things” when it comes to economics. And yet interest rate traders are 100% convinced a cut is coming at the Fed ...