Interest Rates
Darrell,
The best interest rate forecasting tool in my opinion is the activity of the Fed Funds Futures market where money is put at stake based on that question. You can find it at... https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Currently, the market is predicting a 25 basis point hike in December with an 83% probability.
By the end of 2019 the market predicts the following Fed Funds Target rates by probability...

------------------------------
Neil Stanley
President of Community Banking
TS Banking Group
Treynor, Iowa
------------------------------
-------------------------------------------
Original Message:
Sent: 11-30-2018 11:41
From: Darrell Adams
Subject: Interest Rates
------------------------------
Darrell Adams
President & CEO
First Bank & Trust
------------------------------
The best interest rate forecasting tool in my opinion is the activity of the Fed Funds Futures market where money is put at stake based on that question. You can find it at... https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Currently, the market is predicting a 25 basis point hike in December with an 83% probability.
By the end of 2019 the market predicts the following Fed Funds Target rates by probability...

------------------------------
Neil Stanley
President of Community Banking
TS Banking Group
Treynor, Iowa
------------------------------
-------------------------------------------
Original Message:
Sent: 11-30-2018 11:41
From: Darrell Adams
Subject: Interest Rates
Will the Fed raise the target rate in December and what should we expect in 2019?
------------------------------
Darrell Adams
President & CEO
First Bank & Trust
------------------------------
0 Comments
Join the Conversation! 🗣️✨
Be part of our community—sign up now to share your thoughts, connect with others, and stay in the loop!