Odds At 98% (Very Likely) The United States Prime Rate Will Hold At 5.00% After The August 1, 2018 FOMC Monetary Policy Meeting
Prime Rate Forecast |
As of right now, odds are at 98.0% the Federal Open Market Committee (FOMC) will vote to leave the target range for the benchmark fed funds rate at 1.75% - 2.00% at the August 1ST, 2018, monetary policy meeting (very likely.)
=======
The current Prime Rate, which went into effect on June 14TH, 2018, is 5.00%.
=======
NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)
=======
=======
Stay tuned for the latest odds and economic data, and especially for news on inflation, jobs, economic growth and wages...
=======
Current Odds
- Current odds the United States Prime Rate will hold at 5.00% after the August 1ST, 2018 FOMC monetary policy meeting: 98% (very likely), with 2% odds (very unlikely) the U.S. Prime Rate will rise to 5.25%.
========== - Current odds the United States Prime Rate will rise to 5.25% after the September 26TH, 2018 FOMC monetary policy meeting: 85% (somewhat likely) with 13.3% odds (not likely) the U.S. Prime Rate will hold at 5.00%, and 1.7% odds (very unlikely) the U.S. Prime Rate will rise to 5.50%.
==========
- NB: United States Prime Rate = (The Fed Funds Target Rate + 3)
=========
Labels: banking, banks, fed_funds_target_rate, fomc, money, odds, prime_rate, prime_rate_forecast, prime_rate_prediction, The_Fed
--> www.FedPrimeRate.com Privacy Policy <--
> SITEMAP < |
0 Comments:
Post a Comment
<< Home