Quote:
Originally Posted by Valuist
A friend of mine claims his firm is expecting THREE rate hikes in 2018. I politely told him they had better re-think their strategy. The markets couldn't handle it. Too bad we can't bet over/unders on rate hikes for this year; if the posted number was 3, I'd hammer the under.
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Fed funds futures are a proxy for the number of hikes, so you can effectively bet on or against the number of hikes.
