Policy Hub: Macroblog provides concise commentary and analysis on economic topics including monetary policy, macroeconomic developments, inflation, labor economics, and financial issues for a broad audience.
Authors for Policy Hub: Macroblog are Dave Altig, John Robertson, and other Atlanta Fed economists and researchers.
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Subsequent to the FOMC announcement yesterday afternoon, options on federal funds futures were indicating that the implied probability of another 25 basis point increase in the federal funds rate at the November meeting rose to 78% (from 68% on Monday).
Interestingly enough, as these charts from CNNmoney indicate, yields on long-term bonds fell,
and equity markets liked what they saw
Of course, there will be a lot of news between now and November 10.
