Interest Rate Watch

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The weak jobs report might have sent interest rate probabilities lower, but the rapidly rising price of oil is likely holding them up because of fears of inflation.

The chances of a rate cut at this month's meeting barely changed. For the April meeting the odds of a cut went up from 12% to 24%. And here are the numbers for the end of the year (December meeting)...

Not much of a change but the odds of at least two cuts went up about 7%.

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