Andreas Steno Larsen: Odds of rate hike at 36 percent ahead of Wednesday meeting

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Rate hike odds at 36 percent

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Ashutosh Sureka

18 hours ago

Andreas Steno Larsen: Odds of rate hike at 36 percent ahead of Wednesday meeting — Rate hike odds at 36 percent

Andreas Steno Larsen, founder & CEO, highlights that the probability of a rate hike at Wednesday’s meeting is currently 36 percent.

He points out that at no time in the last month or two have these odds reached 50 percent, describing this level of uncertainty as unusual so close to the meeting.

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Steno Larsen has previously tracked notable market shifts, including Economist magazine's move from a bullish to bearish stance on oil prices. He has also reported on a growing divergence between AI and non-AI stocks. These observations reflect his ongoing monitoring of changing market trends and sentiment.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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