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6 Reasons Why the Market Is Out of Step With the Fed on Rates
Monday, January 11, 2016 9:47
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As discussed previously, the markets have completely discounted the stellar US payrolls report when projecting the Fed’s policy path in 2016. Futures-implied probability of 4 rate hikes (or higher) is only 6.5%. Why is the market so “dovish” relative to the FOMC?
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Source: http://www.financialsense.com/contributors/sober-look/six-reasons-market-out-step-fed-rates
