HAHAHAHAHAHAH HAHAHAH
now they are predicting the next rate to happen in MARCH of 2016.....fu$king FOOLS!!!!!!!
As I said this economy is worthless and the fed has lost every OUNCE OF CREDIBILITY....I will keep saying the fed has no clue where to go, they are stuck, the next crisis and 2008-2009 will look like nothing even happened...they must be scratching their heads now wondering if that so called rate hike in December is actually going to come.....wait they are thinking something
NEGATIVE INTEREST RATES AND MORE QE!!!!
that will save the markets once again!!!
HAHAHAH
Fed funds futures plunged after the
weak September jobs report, with the market now pricing the first better-than-average chance of a rate hike in March 2016.
According to the CME Group's
FedWatch tool, markets are now pricing a 5 percent chance of a rate hike this month, versus 14 percent previously; a 30 percent chance in December versus 44 percent beforehand; 42 percent in January versus a prior 52 percent; and 51 percent next March.
The U.S. economy created 142,000 jobs in September, a number that badly missed expectations.
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What's the real unemployment rate?
While the FedWatch tool pointed to a March rate hike, RBS said swaps data suggested the market was pricing the first rate hike into June of next year.