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December 31, 2018 | Rate Cuts More Likely Than Hikes in 2019

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
The market has now totally priced out rate hikes for the December 11, 2019 FOMC meeting.

The rate probability curve for December 11, 2019 now slightly favors rate cuts over hikes according to CME Fedwatch Odds.

There is a 13.4% chance of at least one cut vs. a 4.6% chance of at least one hike as of this snapshot taken today

Mike “Mish” Shedlock

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December 31st, 2018

Posted In: Mish Talk

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