Odds At 100% (Certain) The United States Prime Rate Will Rise To 5% After The June 13, 2018 FOMC Monetary Policy Meeting
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| Prime Rate Forecast |
As of right now, odds are at 100% the Federal Open Market Committee (FOMC) will vote to raise the target range for the benchmark fed funds rate , from 1.50% - 1.75%, to 1.75% - 2.00%, at the June 13TH, 2018 monetary policy meeting (certain.)
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The current Prime Rate, which went into effect on March 21ST, 2018, is 4.75%.
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NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)
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Stay tuned for the latest odds and economic data, and especially for news on inflation, jobs, economic growth and wages...
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Current Odds
- Current odds the United States Prime Rate will rise to 5.00% after the June 13TH, 2018 FOMC monetary policy meeting: 100% (certain.)
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- NB: United States Prime Rate = (The Fed Funds Target Rate + 3)
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Labels: banking, banks, fed_funds_target_rate, fomc, money, odds, prime_rate, prime_rate_forecast, prime_rate_prediction, The_Fed
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posted by Steve Brown | 5/10/2018 08:08:00 PM
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