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Market Suggests 76.9% Chance of No Hikes Through June 2017

Courtesy of Mish.

The market does not expect any rate hikes all the way through June of 2017, and in fact beyond. June of 2017 is the furthest CME Rate Hike Calculations go.

Let’s compare market expectations to a “Dot Plot” of Fed governor rate hike expectations.

Rate Hike Expectations for June 2017

Fedwatch 2016-07-07A

Dot Plot of Fed Hike Expectations

Fedwatch 2016-07-07b

@RudyHavenstein @StockCats One brave Fed soul sees only 1 rate hike between now and 2018. The median Fed expectation is for 5 rate hikes.

— Mike Shedlock (@MishGEA) July 8, 2016

Mike “Mish” Shedlock


Original article here.

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