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