Three Least Likely FOMC Meetings to Hike Rates

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The Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) did nothing at its January 31 meeting; however, Federal Funds futures are signaling as many as three rate hikes are probable in 2018.  In this report, we take another perspective, and explain which are the least probable FOMC meetings for a rate hike.  Our analysis suggests that the FOMC meetings ending on Wednesday, May 2, 2018, and Thursday, November 8, 2018, are unlikely to see rate hikes; and the summer vacation meeting on Wednesday, August 1, 2018, is not far behind as a snoozer.  Here is the full story.

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