US Interest Rate Futures Pricing Ahead of the FOMC Meeting Today - FJElite
Markets are seeing a lot more uncertainty than usual going into this meeting in terms of the rate decision itself.
Market pricing this morning sees a 64% chance of no change at today's meeting, with a 36% chance of a hike.
With no SEP today and Warsh's shorter rate statement and reluctance to give forward guidance, the markets may have less to go on at this meeting, unless we see a hike in the rate itself.