Odds of a Fed Rate Hike This Year Fall Back Below 50%

  • U.S. sovereign debt having best start to any year since 2011
  • Measure of volatility is close to the lowest level since 2014

The Fed Should be Hiking Rates, Says Stein

Federal Reserve officials have gone out of their way this week to stress the market is underestimating the odds of an interest-rate increase this year -- and yet the probability of such a move has fallen back below 50 percent.

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