Pantheon Macroeconomics - The further improvement in labor market conditions and the jump in core inflation means that the economic data have given the Fed all the excuse it needs to raise rates today. But the chance of a hike is very small, not least because the fed funds future puts the odds of an action today at just 4%, and the Fed has proved itself very reluctant to surprise investors-- at least, in a bad way--in the past.

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16 Mar. 2016 Can Yellen Reconcile Lower Dots, Rates on Hold and Rising Inflation?

By Ian Shepherdson

The further improvement in labor market conditions and the jump in core inflation means that the economic data have given the Fed all the excuse it needs to raise rates today. But the chance of a hike is very small, not least because the fed funds future puts the odds of an action today at just 4%, and the Fed has proved itself very reluctant to surprise investors-- at least, in a bad way--in the past.

Posted: 16th Mar 2016 in 'U.S. Documents'

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Keywords for: U.S. Documents | 16 Mar. 2016 Can Yellen Reconcile Lower Dots, Rates on Hold and Rising Inflation?

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