Traders and economists expect the Fed to hold interest rates in the 3.75-4.00% range with high confidence As of writing, Fed Funds futures traders are pricing in 99% odds of no change to interest rates per CME FedWatch: {chart} Even looking out over the next couple meetings, traders are pricing in 75%+ odds of no change to rates through June, so interest rates are highly likely to remain on hold until at least the second half of the year as it stands. Assuming the Fed leaves rates unchanged as expected, the market’s focus will immediately shift to the central bank’s Monetary Policy Statement, Summary of Economic ... (full story)