Probability of Fed Rate Hike in June Drops Following Nonfarm Payroll Miss
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Following the dismal nonfarm payroll results issued, Bloomberg has the probably of a Fed rate hike in June at 4 percent. The following chart also highlights expected actions and ranges for upcoming decisions:
| Date | Hike | Cut | 0.25% - 0.50% | 0.50% - 0.75% | 0.75% - 1.00% | |
| 6/15/2016 | 4.0% | 0.0% | 96.0% | 4.0% | 0.0% | |
| 7/27/2016 | 36.6% | 0.0% | 63.4% | 35.3% | 1.4% | |
| 9/21/2016 | 48.0% | 0.0% | 52.0% | 40.3% | 7.5% | |
| 11/2/2016 | 50.3% | 0.0% | 49.7% | 40.8% | 8.9% | |
| 12/14/2016 | 65.0% | 0.0% | 35.0% | 43.5% | 18.4% | |
| 2/1/2017 | 67.2% | 0.0% | 32.8% | 42.9% | 19.9% |
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