“As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points, ... By the time of the May meeting, a bigger move might be forced upon the FOMC.”
Ian Shepherdson
“As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points. By the time of the May meeting, a bigger move might be forced upon the FOMC.”
“We expect a hike of 25 basis points and probably 50 basis pints, ... Any smaller rate hike or no rate hike at all will cause a big sell-off of the euro on all cross rates.”
Carl Weinberg
“We expect a hike of 25 basis points and probably 50 basis pints. Any smaller rate hike or no rate hike at all will cause a big sell-off of the euro on all cross rates.”
“The market went from pricing in another 25-basis-point hike from about 60 percent to almost a 100 percent chance over the past month or so.”
Kevin Kruszenski
“Like everyone else, we expect a quarter-point hike in fed funds today to 4.75 percent -- we also expect the statement to be softened.”
Christopher Low
“Given the data we've seen, one can't rule out a 50 basis point (one-half percentage point) hike. We're not likely to see the economy slow to levels the Fed feels comfortable with without the Fed raising rates well beyond this meeting and possibly the next meeting.”
Bill Meehan