I believe a rate hike for June is a 98% certainty.
I do too. Yellen is gritting her teeth and tightening into a stalling economy. She really has no option - the Fed can't claim that the economy is recovering and not raise interest rates.
And there is also the $4.2 Trillion balance sheet to clear up. She is between the hammer and the anvil.
And the poor to abysmal data just keeps rolling in.....
https://www.wsj.com/articles/u-s-ho...pril-for-third-time-in-four-months-1494937917
U.S. Housing Starts Fell in April for Third Time in Four Months
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