Is a Fed rate hike in March a certainty? If the correction in equity markets is prolonged, the central bank could decide to postpone any increase until June.
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.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
There are currently high expectations for the Fed's FOMC to raise rates at its meeting in March. But there are also concerns that any prolonged correction in equity markets could influence the Fed to defer making a decision until June. Get the latest in market expectations for the timing of Fed rate hikes with the CME FedWatch Tool.