The U.S. interest rate futures market expects multiple rate cuts next year

Wallstreetcn
2025.06.24 00:25

The U.S. interest rate futures market is pricing in a pace of monetary policy easing over the next two years that is faster than the latest forecast released by the Federal Reserve last week. This view has been reinforced following the threat to economic growth posed by a U.S. military strike against Iran. Futures traders tracking the Secured Overnight Financing Rate (SOFR) are betting that the Federal Reserve will cut rates more than the forecast announced at the end of its policy meeting last Wednesday in 2026