The market's state going into the FOMC meeting - ConsultFX

The market's state going into the FOMC meeting

The FOMC decision is at 1800 GMT Today, the Federal Open Market Committee is set to meet in order to decide whether or not they will hike the Fed funds rate for the third time this year. The Fed funds futures market is currently pricing in a 95.0% chance of a rate hike during today's FOMC meeting, meaning that