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 story : Market Extra: Odds of a March rate hike by the Federal Reserve are back above 50% #FinanceUSA #StockMarketNEWS Brendan Smialowski/AFP via Getty ImagesTraders are back to pricing in a better-than-50%

@stockMarketNEWS 13 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Market Extra: Odds of a March rate hike by the Federal Reserve are back above 50% #FinanceUSA #StockMarketNEWS
Brendan Smialowski/AFP via Getty ImagesTraders are back to pricing in a better-than-50% chance that the first rate hike by the Federal Reserve will arrive in March, as the first trading day of the year kicked off with renewed optimism that rising COVID-19 cases may have a more limited economic impact than previously thought. Data compiled by the CME Group Inc. shows the odds of a March liftoff at almost 54% as of Monday, up from 50% on Dec. 31. Monday’s almost 54% likelihood is similar to what was priced in a week ago — when the 2-year Treasury yield BX:TMUBMUSD02Y, or the rate most associated with the near-term path of Fed policy, hit a nearly two-year high. Traders saw only a 26% chance of a March rate hike on Dec. 3. Investorp&H[ݙY[ZHX]H]YXY[[XݞHZY[XܛHؙۈ[ۙ^K]H L ^YX]HUPUT LH[X[HY][[[ܙH[H[۝ [ܜٙXݞ[XH[ۙ^HY[[ZYYY[HZXܛۈX[H]H[X[]H[][^][ۜ˔Yۈ܈݈X]]]]K'XݚYH][HYYX[]K8ܛH[[[ۜX[Y[X܈وؘ[XXܛ]YH]YY^Hؘ[Yܜˈ[ۈ[ۙ^KKˈ[XPT]HX[ۋYHH]H[^T[X[[ &Y[[ۋ


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