Fed’s 2019 Interest Rate Expectations vs Market’s Expectations

Fed vs Market Synopsis

Key Differences

• 1 Hike: Fed 29.40% vs Market 0.00%
• 2 Cuts: Fed 0.00% vs Market 11.9%
• Neutral+Hike: Fed 58.8% vs Market 40.5%

Question of the Day

For the Rest of 2019 What will the Fed do?https://t.co/YwXnO4gRBn

— Mike “Mish” Shedlock (@MishGEA) September 18, 2019

I believe the market is far closer.

For a discussion of today’s FOMC meeting, please see Fed Cuts Rates 1/4 Percent, Three Dissents: Dot Plot Suggests No More 2019 Cuts

Mike “Mish” Shedlock