Fed Cut Bets Hold Markets Steady

Benzinga

Markets were steady as traders priced in an 86% chance of a Fed rate cut, with analysts watching potential dissenters that could shape 2026 expectations. U.S. futures edged higher, Treasury yields rose, and Chinese blue chips gained after strong export data.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Stocks held steady Monday as traders priced in an 86% chance of a quarter-point Fed rate

00:08cut this week, according to Reuters. Analysts widely expect a cut, and portfolio managers

00:14warned that dissenting votes could shape expectations for 2026. JPMorgan's Michael

00:19Ferroli expects at least two dissenters and sees another cut in January before a policy pause.

00:25U.S. equity futures rose 0.1% to 0.2%. Chinese blue chips gained nearly 1% after export data

00:33topped forecasts. Treasury yields climbed as markets braced for possible hawkish guidance

00:38and worried about Trump's attacks on Fed independence. The dollar steadied,

00:43and commodities stayed supported by stimulus bets. For all things money, visit Benzinga.com.

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