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Oluwadamilare01
At the same October meeting, five sources gave five different numbers.
▪️ October unchanged: CME 71.8%, the other four sources cluster between 81.7% and 85%
▪️ Converted to rate hikes: CME 28.2%, interest rate swap market only gives 17%
▪️ The difference between highest and lowest is 13.2 points, all referring to the same October 28 meeting
▪️ It is neither a survey nor a forecast, but derived from 30-day federal funds futures prices
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