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Fed Watch: Economists still say no hike in the near term

By
Services for Real Estate Pros

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