Could the Federal Reserve Raise Interest Rates? You betcha.
At least that’s what futures traders are banking on:
According to the latest Fed fund futures, the market has already priced in a 67 percent chance of a 25bp rate hike in August and a 97 percent chance of a rate hike in September.
The following [...]
Friday, June 20, 2008
Fed Fund Futures are Pricing in 67% Chance of Rate Hike in Aug and 97% Chance in Sept
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