6.9 C
New York
Friday, March 29, 2024

Rate Hike Odds 99 Percent for June: Then What? Fed Hike Cycle Over?

Courtesy of Mish.

CME Fedwatch places a 99.6% possibility of a quarter point rate hike on June 14.

There is an additional possibility of 0.4% the Fed hikes by half a point.

Then what?

November Odds

December Odds

December is interesting because the odds of no additional hike this year topped 50% mid-day Friday. The odds settled at 45.5%. The market now expects a December hike.

The Fed managed to get in two hikes so far this year. I expected at most one. The third hike is now supposedly odds on.


Continue reading here…

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x