The 6PM Recap With Gary Wagner: Fed Rate Hike Outlook: What A Difference 8 Days Makes

by / Wednesday, 26 August 2015 / Published in Gold & Silver

We need to let something sink in: Investors today sharply reduced the probability of a an interest rate move next month, with trading in federal funds futures on Wednesday implying only a 24% probability they will act, compared with 48% on August 18.

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Source: Kitco