Chart Of The Day: The Fed’s Hawkish-Dovish, Hawkish-Dovish Stance – In One Chart

Chart Of The Day: The Fed’s Hawkish-Dovish, Hawkish-Dovish Stance – In One Chart

Source: HedgEye Take a close look at that (ridiculous) chart. What it shows you is investor rate hike probabilities for November (grey line) and December (black line), overlaid with the myriad policy pivots (Fed commentary included). As crazy as it may sound, our omnipotent Fed has gone back and forth on its rate hike rhetoric 7 times…