Fed Hikes Today, Then What?

CME Fedwatch says the Fed Fund Futures show a 95% chance of a hike today. I suggest it’s over 99%. Then what?

by Mish

Looking ahead here are some charts for December 2016, March 2017, June 2017, and September 2017.

March 2017 Rate Hike Odds

June 2017 Rate Hike Odds

September 2017 Rate Hike Odds

After the meeting we will take a look to see how the odds changed. I doubt the Fed gets in another hike in 2017.

Mike “Mish” Shedlock