CME Fedwatch says the Fed Fund Futures show a 95% chance of a hike today. I suggest it’s over 99%. Then what?

Looking ahead here are some charts for December 2016, March 2017, June 2017, and September 2017.

December 2016 Rate Hike Odds


March 2017 Rate Hike Odds


June 2017 Rate Hike Odds


September 2017 Rate Hike Odds


After the meeting we will take a look to see how the odds changed. I doubt the Fed gets in another hike in 2017.

Mike “Mish” Shedlock