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 Atlanta Fed economists and researchers.
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You're not alone. Here's the implied probabilities for the funds rate after this Wednesday's meeting, from the options for federal funds futures as of last Friday.
You're reading that right. The betting that the rate will be raised another 25 basis point has risen from near 80% afrter the last FOMC meeting (on September 21), to about 96% . I'm not sure the market can speak more unanimously than that.
