Here Are The Five Main Things To Watch At Today’s Fed Meeting

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies

While it is now virtually assured (odds are 95% according to the CME) that the Fed will announce a 25 bps rate hike today following an unprecedented attempt to reprice the Fed Funds market over the past month by Fed speakers – recall that as recently as three weeks ago, nobody expected a March move by the FOMC – what traders and analysts will be focused on today are hints for the future of the Fed’s rate hike moves. Indeed, the Fed’s “dot plot” will come under intense scrutiny after the BLS earlier today confirmed that the Fed may be well behind the curve when it comes to rising prices, after headline CPI printed at a blistering 2.7%, the highest rate in 5 years, with even the tamer core inflation rising 2.2%, above the Fed’s target of 2.0%.

This post was published at Zero Hedge on Mar 15, 2017.