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...


March_15


... but just a little wind left the sails blowing in the direction of another 25 basis points in May:


May_13


On the other hand, 50 by July made its move:


June_1

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