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What's priced in for the FOMC ahead of today's rate decision
If you want to know what's coming at the top of the hour, read my FOMC preview.A hike would take the Fed funds rate to 5.00-5.25%.Here's what the Fed funds futures market sees:90% chance of of a 25 bps hike today10% chance of no changeVirtually no chance of a hike for the June 14 meeting priced inYear-end Fed funds futures 4.376%, which is nearly 75 bps below the expected peak This article was written by Adam Button at www.forexlive.com...
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Posted: May 3 2023, 17:39
Author Name: forexlive
Views: 111849