The chart of the week again focuses on the potential for the Federal Reserve to cut interest rates. To start the year, expectations for rate cuts fell for meetings held in March, May and June. Currently, a cut in March seems unlikely, but the chances for a cut in May have increased to about 30%. In contrast, there is now a 75% likelihood that a rate cut will occur during the June Federal Reserve meeting. It’s important to note that these expectations can change rapidly due to various influencing factors. Ongoing discussions about tariffs will likely contribute to the volatility of these rate cut expectations.