What is es futures current Fed Funds futures imply two

Current Fed Funds futures imply two rate cuts by year-end, which has improved sentiment. ES futures responded with a steady climb, now testing the upper Bollinger Band near 4, The Trump administration imposed major visa restrictions on Ghanaian nationals in July. Although Ghana’s government said its decision to accept migrants from other West African countries was based on altruism, critics argue that the United States is using visa bans and high tariffs to coerce African nations into accepting third-country deportation deals. Also on Tuesday, CoreWeave ( CRWV ), an Nvidia-backed company that's also a major customer of Nvidia, announced a $14 billion deal with Meta ( META ), which CEO Michael Intrator revealed during an interview with Bloomberg, sending the stock up. After a volatile January, ES futures are consolidating in the 4,880–4,920 range. Options activity shows heavier call buying for April expirations, signaling traders are positioning for potential upside as corporate buyback announcements increase.