CUT IS AT SEVENTY FOR FIFTY BASIS POINTS THERES A SEVENTY PROBABILITY THE FED WILL CUT FIFTY BASIS POINTS THIS WAS BASICALLY CLOSE TO ZERO EVEN A MONTH AGO SO WHEN THE FED CUT RATES LAST MONTH THEY ACTUALLY ENDED UP GIVING A VERY HAWKISH YOU KNOW OUT OUTLOOK WHERE THIS KINDA SAID THAT THEY MIGHT ACTUALLY YOU KNOW LOOK TO MAYBE EVEN HIKE DOWN THE LINE I MEAN THEY KINDA DIDNT SAY THAT SPECIFICALLY BUT THEY SAID THIS IS NOT A START OF AN EASING CYCLE SO OBVIOUSLY THE MARKET