Traders now betting Fed to wait until 2016 for first rate hike
52 Mins AgoReuters
HAHAHAHAHAHAH whats this?????
My prediction of no interest rate hikes in 2015 is still right....now predictions are for 2016, fucking idiot fools, just as I said they can't raise rates because they know how worthless and weak this economy is....Im telling you every single time it gets closer they push it out further, and when January comes they will say end of first quarter and so on, as I said interest rates aren't going anywhere, once Chinas bubble bursts and GDP is under 5% and falling and they are lowering rates the US will say with China slowing and the rest of the world on edge of a recession we will keep rates at historical lows.....way to go, they will be so far behind the curve the markets will have to dictate the move higher which will happen without the fed making that decision, it will be the market that makes the decision automatically, fed is so backed up into the corner they have no clue whats coming.
U.S. short-term interest-rate futures contracts rose on Thursday as a weaker than expected government report on jobs prompted traders to put on bets the Federal Reserve will wait to raise interest rates until next year.
Futures contracts show that traders now see January as the first Fed meeting when a rate hike is more likely than not, based on CME FedWatch, which tracks expectations using its Fed funds futures contracts.
Traders see just a 49 percent chance of a December rate hike, down from 57 percent just before the report was published. The report showed a drop in the U.S. unemployment rate to 5.3 percent which reflected an exit of workers from the labor force rather than a strengthening of the jobs market.
The Fed has kept short-term rates near zero since December 2008.