Source: Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232
- According to Goldman Sachs, the odds of a Fed rate hike coming up at the March meeting, which is less than 2 weeks away is now 95%
- It was 90% before Yellen spoke, that was looking at the Fed Fund futures, in fact the probability of a rate hike had been rising all week based on speeches of a number of Fed officials
- Everyone indicating that a rate hike was coming soon
- Nobody actually said how soon
Source: Rate Hike Odds Surge As GDP Forecasts Collapse – Ep. 232
