December Fed Rate-Hike Odds Near 100% (Despite Dismal Economic Growth Expectations)

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies

‘The market is expecting an interest-rate hike in December, and there is no fundamental reason for the Fed’ to disappoint according to DZ Bank’s Birgit Figge, and judging by the spike in futures-market-implied rate-hike odds post-Trump, it’s a done deal.
As Bloomberg reports, the odds of a Fed move by December have risen from 68 percent at the start of November as inflation expectations surged to near 100%…

This post was published at Zero Hedge on Nov 16, 2016.