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Implied Fed Funds Rate from Futures Contracts
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KiLrOy
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27-Sep-2007 23:57
Yells: "I buy only what I can see." |
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Take this with a pinch of salt (Fed Fund rate predictions are like Roulette). I'd rather see the economic numbers month on month to determine the Fed Fund rate action. 14:47 US FED: Implied Fed Funds Rate from Futures Contracts Boston, September 27. Fed funds futures prices are unchanged from Wednesday despite more weak housing data. The November contract still holds 88% odds of a rate cut to 4.50% and a further 25 bps cut is expected (with a 60% probability) by the end of the year. . 4.950 4.750 4.720 4.530 4.400 4.330 4.240 4.220 4.200 ' 4.150 4.150 ' Target Sep07 Oct07 Nov07 Dec07 Jan08 Feb08 Mar08 Apr08 May08 Jun08 ! Odds -80% 12% 88% 140% 168% 204% 212% 220% 240% 240% ! |
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