The Fed has left the door open for a rate hike as early as June, but a rambunctious primary season ahead of the U.S. presidential election in November coupled with headwinds from a slow-growing global economy could temper the timing of the central bank's decision, which could come as late as December based on CME Fed fund futures.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the authors and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
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