I'm curious whether I heard correctly, or I heard only what I wanted to hear. What I think I heard Plosser and Evans say this afternoon was things like "Markets do not dictate Fed policy." and "Cutting rates may stoke inflation" and "only more downside evidence would support further cuts -risks remain balanced at present" This doesn't sound like a Fed ready to cut rates in two weeks. Yet, look right there. Lo' and behold FFIP showing 100% chance of a cut, and a 12% chance of a 50bps cut! What am I missing that the market isn't?