Weekly Outlook: December Fed Meeting

Fed week is finally here, and a rate hike is highly anticipated. According to CME Group’s FedWatch tool, there is a 95 percent probability that that the FOMC will choose to raise the target rate.

Economic Calendar

Monday

Treasury Budget 02:00 PM ET

Tuesday

FOMC Meeting Begins 07:00 AM ET

Redbook 08:55 AM ET

Wednesday

MBA Mortgage Applications 07:00 AM ET

FOMC Meeting Announcement 02:00 PM ET

Fed Chair Press Conference 02:30 PM ET

Thursday

US: Consumer Price Index
08:30 AM ET

Friday

Atlanta Fed Business Inflation Expectations 10:00 AM ET

Richmond Federal Reserve Bank President Jeffrey Lacker Speech 12:30 PM ET

 

Links

The most important market you may have never heard of (Capitalist Exploits)

Goldman’s Cohn tapped to lead National Economic Council (CBS News)

Supermarkets and pig farmers are embracing blockchain (Financial Times)

Non-OPEC producers agree to cut production, too (Financial Times)

Energy Giant Shell Inks Oil Deal With Iran (NPR)

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