Likelihood Of 75BPS Vs 100BPS Interest Rate Hike

<p>"A 75BPS interest rate hike is still the most likely outcome of the FOMC meeting. The sharp bond market sell-off brings the market into line with likely Federal Reserve Dot Plot. Tighter financial conditions, inflation expectations, and a slowdown in interest sensitive activity argue against a 100BPS interest rate hike. The Fed will eschew explicit forward guidance," says Ben Emons.</p>