Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

Overnight interest-rate swaps assign a 38% probability to a quarter-point Federal Reserve rate increase on Wednesday.

Bloomberg ·
  • Overnight interest-rate swaps imply a 38% chance of a quarter-point Federal Reserve rate increase, while remaining odds favor no change.
  • Bloomberg data tracking from 2008 show that the Federal Reserve has never raised rates when swaps assigned less than a 60% probability to an increase.

Quotes

“Overnight interest-rate swaps imply about a 38% chance of a quarter-point increase, with the remainder of the odds favoring no change.”— Bloomberg

Sources