Odds Now At 90% (Likely) The U.S. Prime Rate Will Hold At 8.25% After The June 14, 2023 FOMC Monetary Policy Meeting
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Prime Rate Prediction |
Prime Rate Forecast
As of right now, our odds are at 90% (likely) the Federal Open Market Committee (FOMC) will vote to keep the benchmark target range for the fed funds rate at 5.00% - 5.25% at the June 14TH, 2023 monetary policy meeting, with the United States Prime Rate (a.k.a Fed Prime Rate) holding at 8.25%.
Meanwhile, the jobs picture (Employment Situation, JOLTS, Jobless Claims, etc.) isn't helping.
Stay tuned...
- Current odds the U.S. Prime Rate will continue at 8.25% after the June 14TH, 2023 FOMC monetary policy meeting: 90% (likely.)
Labels: banking, banks, fed_funds_target_rate, Fed_Prime_Rate, housing, Housing_Inflation, inflation, LIBOR, LIBOR_Transition, money, odds, prime_rate, prime_rate_forecast, prime_rate_prediction
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