Bill Gross Sees 50/50 Chance of Fed Hike Tomorrow
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(Updated - September 20, 2016 1:08 PM EDT)
Bill Gross on twitter said he thinks there is a better chance that the Fed will raise rates tomorrow than the market expects. Gross said he thinks chances are fifty-fifty that the Fed will hike rates.
Markets are generally believed to be pricing in a 15-25% probability of a rate hike tomorrow.
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