17 Sep 2025 | 5 Mins Read
Stock futures steady, waiting on Fed rate forecast
Flipitmoney
Traders expect a Federal Reserve interest rate cut on Wednesday, likely by 25 basis points, with a 96% chance, according to the CME Group's FedWatch tool. Paul McCulley predicts a quarter-point cut, citing Chairman Powell's message as not indicating labor market concerns. S&P 500 futures were flat, with Dow futures up 14 points and Nasdaq-100 futures down marginally.