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Annualized over the last 6 months inflation is now under the 2% target. I would be surprised if we see anything more than a quarter-point at the next meeting.
by dannyz 4y ago
Annualized over the last 6 months inflation is now under the 2% target. I would be surprised if we see anything more than a quarter-point at the next meeting.
- lotsofpulp 4y agoAs would almost all traders. https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html https://www.cmegroup.com/markets/interest-rates/cme-fedwatch... For context: https://www.macrotrends.net/2015/fed-funds-rate-historical-chart https://www.macrotrends.net/2015/fed-funds-rate-historical-c...
- f5ve 4y agoDo you have a source for this? I couldn't find this particular piece of data published anywhere, but I did a little math and arrived at an annualized rate of inflation for the last 6 months of 5.85%, well above the 2% target.