Economists are sticking to their guns about no hike in the Fed Funds Rate for the near term. 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 |
Apr 27 | 0%-0.25% |
Jun 22 | 0%-0.25% |
Aug 9 | 0%-0.25% |
Probability of change from current policy:
After FOMC meeting on: | Consensus |
Apr 27 | <1% |
Jun 22 | <1% |
Aug 9 | <2% |
From my weekly enewsletter for real estate pros, INSIDE LENDING, for the week of April 25, 2011
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