Fed July Rate Hold Bets
The Federal Reserve is likely to maintain unchanged interest rates at its July meeting, with markets pricing in a 68.5% probability of no rate change.
Too little corroboration in the last 3 days to call a trend (5 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"The week also brought uncertainty in terms of interest rates after the Federal Reserve left interest rates on hold. Chairman Kevin Warsh's commentary and a broadly benign inflation report on Thursday left investors pricing in a 36.8% chance that interest rates could be left unchanged in September, up from about 20% last week."
"Markets are pricing in a 65% chance of a rate hike at the Fed's September meeting, according to CME FedWatch, down from 82% a week ago but up slightly from 63% on Thursday."
"Markets widely expect the Federal Reserve to keep interest rates unchanged at 3.5%-3.75%, with a potential rate hike in September if inflation remains well above the central bank's 2% target."
"According to the CME Group's FedWatch tool, markets are pricing in a 68.5% likelihood that the Federal Reserve will leave interest rates unchanged at its July meeting."
"According to CME Group's FedWatch tool, traders now see little chance of a rate increase at this meeting and believe September is a more likely time for any policy change."