Off The Charts! examines the pertinent economic issues of the day, providing a deeper dive into complex topics and framing the issues in a way that can lead to a better understanding of the financial and commodities markets.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
The consensus is that the Federal Open Market Committee (FOMC) will not raise interest rates at its two-day meeting that began on Tuesday, but could offer clues to its monetary policy. Fed Fund futures are a direct reflection of marketplace insight on the future course of the Fed's monetary policy.
Want to know the probabilities of when the Fed might raise interest rates?