U.S. Fed To ‘Hold Off’ 0.25% Rate Hike Until June, Probability 1-In-5
Whilst it is a virtual bolt-on certainty that the U.S. Federal Reserve will maintain interest rates at their present level when the Federal Open Markets Committee (FOMC) concludes its next meeting on January 30 – with probability put at 97% – the markets suggests a 1-in 5 chance of a hike this June.