Odds are currently around 93%, per CME FedWatch, meaning it's basically a sure thing. In the Fed's history, they've never defied odds like that so a ¼-point hike should be delivered as expected.
Odds are currently around 93%, per CME FedWatch, meaning it's basically a sure thing.
In the Fed's history, they've never defied odds like that so a ¼-point hike should be delivered as expected.
The impact on mortgage rates is less certain, as it always is… Read More » What Will Today's Fed Rate Hike Mean for Mortgage Rates?
The page is ready to read now. The fuller skim-friendly version will appear here automatically.
Odds are currently around 93%, per CME FedWatch, meaning it's basically a sure thing. In the Fed's history, they've never defied odds like that so a ¼-point hike should be delivered as expected. The impact on mortgage rates is less certain, as it always is… Read More » What Will Today's Fed Rate Hike Mean for Mortgage Rates?
Reserve is almost guaranteed to hike rates today.
Open the app view to save this story, compare related coverage, and continue from the same source.