Market Starting to Price in Hikes – Very Slowly

by Mike ‘Mish’ Shedlock
Mish Talk

In the wake of an allegedly “welcome” increase in inflation, the market is starting to price in increasing odds of rate hikes – not many, and not fast, but there are very noticeable changes.

The Fed starts a two-day meeting tomorrow. Its interest rate decision comes Wednesday. Despite the talk of a hike tomorrow, the Fed would never surprise with hikes.

March 16 Meeting Odds

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