After years of waffling over economic progress and devising reason after reason not to hike, central bank officials from Chair Janet Yellen on down are finally ready to pull the trigger.
"Market participants know that the Yellen Fed is super-careful and would not move ahead on hiking earlier than was evidently required unless it was very confident in the outlook — this endorsement can boost confidence and coordinate expectations to a stronger world."

Just two weeks ago, the market was putting a less than 1-in-4 chance of a hike. By the time last week had ended and senior Fed officials, including Yellen, had made public speeches, the tide had turned completely.

So guys..., what you think...rate hike tomorrow and ''All in bet on USD,,??
Translate to English Show original