system
A chat on subreddit /r/wallstreetbets
human
25 is baked in not 50.

gpt
50 was last month before meeting, then it wasn't, now spy is all time high again and it's 25. How was 50 priced in before at almost a 100% lock, then got downgraded to a 25 bp cut locked in but markets went further up? Earnings this quarter has been about 50/50 so I don't know if that can explain it either. 
  
 I guess market goes up, market goes down,  some days it stays the same.