Forecasting Federal Reserve policy changes in coming months The Fed's statement coming out of last week's meeting continued to tout their view that the Funds Rate needs to stay at its rock bottom level until the recovery picks up considerably.
This week's economic reports shouldn't inspire the Fed to hike the Rate any time soon. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.
Current Fed Funds Rate: 0-0.25%
|
After FOMC meeting on: |
Consensus |
|
Mar 15 |
0-0.25% |
|
Apr 27 |
0-0.25% |
|
Jun 22 |
0-0.25% |
Probability of change from current policy:
|
After FOMC meeting on: |
Consensus |
|
Mar 15 |
<1% |
|
Apr 27 |
<1% |
|
Jun 22 |
<1% |
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