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Prior to the FOMC's adjournment this afternoon, here is how markets are predicting the future levels of the Fed Funds Rate:
Fed Funds Rate After March Meeting:
Fed Funds Rate After May Meeting (no meeting in April):
Fed Funds Rate After June Meeting:
We'll revisit these predictions after the market has digested this afternoon's press release.
Source Fed Fund Probabilities :: Current The Federal Reserve Bank of Cleveland, March 21, 2007http://www.clevelandfed.org/research/policy/fedfunds/Index.cfm
Dan Green (NMLS #227607) is an active loan officer with Waterstone Mortgage. Email Dan ator call 513-443-2020.
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