FYI: Turmoil in the stock market, falling oil prices and an uncertain outlook for the U.S. and global economy has convinced traders that Federal Reserve won’t be able to deliver on its planned four rate hikes this year.
In fact, trading on fed futures contracts now suggests the market barely expects the Fed to hike only once this year after lift rates for the first time in almost ten years in December
Regards,
Ted
http://www.marketwatch.com/story/fed-now-seen-as-one-and-done-in-2016-2016-01-20/print(The Linkster didn't think there should have been any rate hike, but Janet wouldn't listen !)
Comments