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- Fed fund futures now show a 31% chance of no move, according to the CME
Fed fund futures now show a 31% chance of no move, according to the CME
As U.S. Treasury yields continue to fall in Asia trading, with the 10-year down to a multimonth low of 2.80%, odds have risen that the Fed won't raise rates on Wednesday. Fed fund futures now show a 31% chance of no move, according to the CME.
That compares with 28% a day earlier and 24% a week earlier. President Trump was back out Tuesday saying the Fed shouldn't raise. But in light of the ongoing market volatility and oil plunging further on Tuesday, may a pause be the safer call? More than a few market participants appear to be betting so. - via WSJ
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