United States Prime Rate

also known as the Fed, National or United States Prime Rate,
from the interest-rate specialists at www.FedPrimeRate.comSM

Friday, November 06, 2015

Investors Have Odds At 70% (Somewhat Likely) On A Prime Rate Increase for The December 16, 2015 FOMC Monetary Policy Meeting

Prime Rate Forecast - Predictions - www.FedPrimeRate.com
Prime Rate Forecast - Predictions
Latest Prime Rate Forecast

As of right now, the investors who trade in fed fund futures at the CME Group have odds at 70% (as implied by current pricing on contracts) that the Federal Open Market Committee (FOMC) will vote to raise the benchmark Federal Funds Target Rate by at least 25 basis points (0.25 percentage point) at the December 16TH, 2015 monetary policy meeting (somewhat likely.)

Below are the latest odds after investors had a chance to digest today's Employment Situation Report:


=======================

Current Odds

  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the December 16TH, 2016 FOMC monetary policy meeting: 70% (somewhat likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the January 27TH, 2016 FOMC monetary policy meeting: 73% (somewhat likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the March 16TH, 2016 FOMC monetary policy meeting: 85% (likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the April 27TH, 2016 FOMC monetary policy meeting: 88% (likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the June 15TH, 2016 FOMC monetary policy meeting: 93% (very likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the July 27TH, 2016 FOMC monetary policy meeting: 95% (very likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the September 21ST, 2016 FOMC monetary policy meeting: 97% (very likely.)

    ========
  • Current odds that the Prime Rate (currently 3.25%) will rise by at least 25 basis points at the November  2ND, 2016 FOMC monetary policy meeting: 97% (very likely.)

    ========

  • NB: US Prime Rate = (The Fed Funds Target Rate + 3)

The odds related to fed fund futures contracts -- widely accepted as the best predictor of what the FOMC will do with the benchmark Fed Funds Target Rate -- are constantly changing, so stay tuned for the latest odds.

Labels: , , , , , ,

--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <


bing

bing

FedPrimeRate.com
Entire Website © 2024 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.