What is Priced in for the Central Bank Trifecta?

Markets often look ahead. This is why trends tend to be driven by future expectations (e.g. interest rates). Reactions to current data releases/central bank decisions depend on whether they support or alter future expectations.In this regard, attention is squarely on this weeks take a look at what is currently built into market expectations.Fed: Two 25bp rate cuts by June, five 25 bps rate cuts (125 bps) in 2024ECB: First 25bps rate cut