The market does not expect any rate hikes all the way through June of 2017, and in fact beyond. June of 2017 is the furthest CME Rate Hike Calculations go.
Let’s compare market expectations to a “Dot Plot” of Fed governor rate hike expectations.
Rate Hike Expectations for June 2017
Dot Plot of Fed Hike Expectations
@RudyHavenstein @StockCats One brave Fed soul sees only 1 rate hike between now and 2018. The median Fed expectation is for 5 rate hikes.
— Mike “Mish” Shedlock (@MishGEA) July 8, 2016
Mike “Mish” Shedlock
