Rate Hike Odds For March 2016, Fall Below 50%; GDP Forecast Slips to 0.9%

(Before It's News)

by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis

3rd Quarter GDP Forecast Slips to 0.9%

Following today’s retail and business sales reports, the Atlanta Fed GDPNow Forecast for third quarter GDP slipped 0.1 percentage points to 0.9%.

[...] Evolution of Rate Hike Odds

I don’t think the Fed will hike this year and neither does the market. In fact, the market now thinks the Fed will not hike in March.

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