2019 Rate "Cuts" in Play
|The market still expects the Fed to hike on Wednesday, but even the 3-Month yield is lower. Let's look ahead to 2019.
December 19, 2018 Rate Hike Odds
Nearly everyone expects the Fed will hike tomorrow. So do I. If so, the policy will be 225-250 basis points (2.25 to 2.50 percentage points). Then What?
December 11, 2019 Rate Hike Probabilities
Assuming there is a hike tomorrow, a year from now the market expects the Fed will either hold pat or cut. There is only a 40.5% chance the Fed hikes next year.
For now, the market assumes a hike is far more likely than a cut, but comments tomorrow from the Fed will likely move all of these percentages.
It won't matter what the Fed says tomorrow if a recession hits in 2019, and I think it will.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.