Last 30 day FF March Contract trade was 97.345, or an implied interest rate of 2.655%. We are at 3% now so that would be a cut of 34.5 BP. Cleveland Fed implied probabilities show an EV of 57.75 BP Cut. Im considering Buying up a few of these contracts...thus far the EV has proven to be highly accurate in determining the Fed Move...but do they dare cut 50 again!?