This charts reflects how well priced in (not) the futures market were regarding a determined Fed. Powell didn't even bother to put the 50 bps hike off the table. The implied probability for the fed funds rate in April is at 0.38%, that means we are now closer to 50 bps than to 25 bps.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.