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Keeping The Show Tight

The Market Huddle

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The CME Probability Target for June 14th

The FOMC meeting that's coming up on June 14th. The question is, will we see another rate hike still? Or are they done? Right now it's being priced at a 70% that they stay at the same rate and a 29% chance that they're going to hike. And I think what they're arguing is that somehow they're kind of almost confusing what the goal is of the Federal Reserve. They want to keep inflation down and maximize economic growth or employment.

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