Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Demeter

(85,373 posts)

14. The Odds of a September Rate Hike Have Surged in the Last Two Days

Reply to Demeter (Reply #2)

Sun Aug 9, 2015, 08:26 PM

Aug 2015

http://www.bloomberg.com/news/articles/2015-08-05/wall-street-says-yellen-poised-to-end-long-run-of-zero-rates

Traders have never been more convinced of a September rate hike by the Federal Reserve.

The chances of an interest-rate increase next month reached 52 percent Wednesday, up from just 38 percent just two days earlier. What's fueled the change of heart? Hawkish comments from Fed Bank of Atlanta President Dennis Lockhart on Tuesday, and a surprisingly strong report on U.S. service-sector growth Wednesday morning....

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

21 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Monday, 10 August 2015 [View all] Tansy_Gold Aug 2015 OP

I don't often LOL at cartoons anymore, but this one I did! Demeter Aug 2015 #1

Clay Bennett is one of the best editorial cartoonists out there Warpy Aug 2015 #18

ROBERT REICH Demeter Aug 2015 #2

Creating a Central Bank US Demeter Aug 2015 #3

Inflation as a Profit System Demeter Aug 2015 #4

The End Game (OF THE US DOLLAR AND THE FEDERAL RESERVE) Demeter Aug 2015 #5

The Odds of a September Rate Hike Have Surged in the Last Two Days Demeter Aug 2015 #14

‘My Bailout Is Bigger Than Yours’ – China Is Buying More Time To Buy Gold Before Joining SDRBASKET Demeter Aug 2015 #6

Greece's Collapse Was a Reversion to the Mean… Who's Next? Demeter Aug 2015 #7

JPMorgan Ranks No. 1 as Bank Most Crucial to Financial Stability Demeter Aug 2015 #8

Aetna Beats Profit Estimates on Government Insurance Growth Demeter Aug 2015 #9

A decades-old Medicare rule may be needlessly extending hospital stays Demeter Aug 2015 #10

Untangling The Many Deductibles Of Health Insurance Demeter Aug 2015 #11

Tax filing problems could jeopardize 1.8 million Americans' Obamacare aid Demeter Aug 2015 #12

Saudi Arabia may go broke before the US oil industry buckles Demeter Aug 2015 #13

Buffett Deal Pursuit Reshapes Berkshire as Mutual Fund Era Ends Demeter Aug 2015 #15

The Seventh-Largest Economy in the World Spirals Down by Wolf Richter Demeter Aug 2015 #16

My rough transcript of Jon Stewart's extraordinary "Bullshit is everywhere" speech. Dave Itzkoff Demeter Aug 2015 #17

Gas Drops Below $2.25 in Some States Demeter Aug 2015 #19

The Great Unwind Has Begun, Bankruptcies Soar by Wolf Richter Demeter Aug 2015 #20

Best 'toon ever!!! mother earth Aug 2015 #21