Friday, March 27, 2026

Reality has a funny way of jamming seemingly interminable rosy expectations

 Markets now see the Fed’s next move as a potential rate hike as inflation fears mount

... Traders in the futures market pushed the probability of a rate increase by the end of 2026 to 52% on Friday morning, the first time it has crossed the 50% threshold, according to the CME Group FedWatch tool. ...