FXStreet (Bali) – Based on CME Group 30-Day Fed Fund futures prices, which express the market’s views on the likelihood of changes in U.S. monetary policy, market participants are now pricing a rate hike in December at 43% post-FOMC vs 36% pre-FOMC, with January now up at 53%, while March has increased to 67% vs 52% pre-FOMC.

Based on CME Group 30-Day Fed Fund futures prices, which express the market’s views on the likelihood of changes in U.S. monetary policy, market participants are now pricing a rate hike in December at 43% post-FOMC vs 36% pre-FOMC, with January now up at 53%, while March has increased to 67% vs 52% pre-FOMC.

(Market News Provided by FXstreet)

By FXOpen