The Fed may struggle to deliver what markets expect
The market could be disappointed because it expects much more Federal Reserve (Fed) easing than the Fed actually plans to do.
Market expectations are as of December 3, 2019; Fed expectations are as of September 18, 2019 | Market and Federal Reserve expectations for Fed funds rate at end of each year. | Actual results may vary, perhaps significantly, from the forecasts presented. | Sources: Federal Reserve, Bloomberg, Wellington Management