The week in guesses about the future of the federal funds rate according to the options market on funds futures didn't bring much new regarding this month's meeting...
... but just a little wind left the sails blowing in the direction of another 25 basis points in May:
On the other hand, 50 by July made its move:
Got that?
The data, if you'd like:
Download Imp_pdf_slides_for_blog_030306.ppt
Download march_pdfs_030306.xls
Download may_pdfs_030306.xls
Download july_pdfs_050205.xls