Good Wednesday morning!
The probability that the Federal Reserve will raise rates this week is 92.4%—does that basically mean it's a sure thing?
On September 16, according to CME’s “Fed Watch”: the probability that the Federal Reserve will keep interest rates unchanged through September is 7.6%, while the probability of cumulative rate hikes of 25 basis points is 92.4%. The probability that the Federal Reserve will keep interest rates unchanged through October is 4%, the probability of cumulative hikes of 25 basis points is 52%, and the probability of cumulative hikes of 50 basis points is 44%.
What do you think, you genius traders?????
The probability that the Federal Reserve will raise rates this week is 92.4%—does that basically mean it's a sure thing?
On September 16, according to CME’s “Fed Watch”: the probability that the Federal Reserve will keep interest rates unchanged through September is 7.6%, while the probability of cumulative rate hikes of 25 basis points is 92.4%. The probability that the Federal Reserve will keep interest rates unchanged through October is 4%, the probability of cumulative hikes of 25 basis points is 52%, and the probability of cumulative hikes of 50 basis points is 44%.
What do you think, you genius traders?????
