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Fed Now Signaling An Interest Rate Hike For March 15

Fed Now Signaling An Interest Rate Hike For March 15

3 Years ago | March 05, 2017 00:00:00

John M. Bland, MBA



Looks Like Finally Its A "Go" As of last week, I mentioned that for well over a month here that I felt the Fed was likely to be planning to consider raising the Fed funds rate at the March 15 FOMC, conditions permitting. At that time, based on Fed Funds futures, the odds of a March hike were 38%, and in earlier weeks they were considerably lower than that. Last week, I placed my odds at 70%. By the end of the week just ending, the odds on a hike had spiked to above 96%. The market and I are finally in

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