Author
Craig Burelle
Global Macro Strategist, Credit
December 24, 2019 • 1 min read

Perspectives: Fed Funds Futures vs. Wall Street (Video)

  • Market Commentary & Outlook
  • Macro Strategies

Current estimates show a significant gap between the rate expectations of Wall Street economists and the Fed funds futures markets. The spread between their estimates for December 2019 is nearly 100 basis points, the equivalent of roughly four rate hikes.Ā Over time, this gap in expectations is going to close one way or the other.

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For more on what could happen if market expectations were to shift abruptly to the consensus Wall Street view, watch Craig Burelle in the latest video in our 60 Seconds series.

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