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03/22/2023

-3.5 years

FOMC Participant's Assessments Of Appropriate Monetary Policy: "DOT-PLOT"

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05/08/2023

-3.4 years

Probability for another 25bps hike in June doubled today pic.twitter.com/OWDq1ceIEx
— Jay Cal (@Jay__Cale) May 8, 2023

Tweet from @Jay__Cale (8 May 2023): the market-implied probability of another 25bps Fed rate hike in June doubled in a day, from 8.5% to 16.6%.

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