https://www.cnbc.com/2019/09/16/fed-decision-expectations-rising-that-rate-cut-might-not-happen.html

Pay special attention to the following passage:

The market and the Fed actually have come closer to together in recent days in terms of the outlook for rates in the longer term. But the two sides still remain a fair distance apart, as the Fed ultimately sees the rate cuts ending and the funds rate actually drifting higher, while the market is still pricing in about three more rate cuts before the cycle ends in mid-2021.