One and Done: March Rate Hike Odds Collapse to 2%; Yellen Meets With Congress
Monday, February 8, 2016 21:43
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by Mike ‘Mish’ Shedlock
Mish Talk
Yesterday the CME FedWatch Model suggested there was a 17% chance the Fed would hike in March. Today, the FedWatch model fell to 2%. Neither the Bloomberg model nor CME Fedwatch show odds of a rate cut.
Rate Hike Odds March
[...] Rate Hike Odds December
[...] One and Done
Odds of no hike at all in 2016 surged from 55.7% to 71.4%. Those expecting at most one hike seem to have the upper hand. I have been in that camp from the beginning.
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Source: http://financialsurvivalnetwork.com/2016/02/one-and-done-march-rate-hike-odds-collapse-to-2-yellen-meets-with-congress/?utm_source=rss&utm_medium=rss&utm_campaign=one-and-done-march-rate-hike-odds-collapse-to-2-yellen-meets-with-congress
