Based upon the March 16 market close, the CBOT 30-Day Federal Funds futures contract for the April 2007 expiration is currently pricing in a 2 percent probability that the FOMC will decrease the target rate by at least 25 basis points from 5-1/4 percent to 5 percent at the FOMC meeting on March 21 (versus a 98 percent probability of no rate change).
Summary Table
March 14: 98% for No Change versus 2% for -25 bps.
March 15: 98% for No Change versus 2% for -25 bps.
March 16: 98% for No Change versus 2% for -25 bps.
March 19:
March 20:
March 21: FOMC decision on federal funds target rate.
SFA chance of rate change . the fed fund futures probability hasnt been wrong in a few years , see no reason for that to change .
hows the pile of turds going gann
profits not prophets
............ the usual wry smile
- Forums
- ASX - By Stock
- XJO
- monday spi
monday spi, page-26
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,982.4 |
Change
31.900(0.40%) |
Mkt cap ! n/a |
Open | High | Low |
7,950.5 | 7,991.8 | 7,950.5 |
Featured News
XJO (ASX) Chart |