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FOMC Kicks Off Two-Day Policy Meeting

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The Federal Reserve today begins a two-day policy meeting.

The expected Fed Funds rate outcomes of the FOMC meeting based on Fed Funds futures data currently show a 48.1% implied probability of a decrease in the rate to 0%, up from 37.2% a month ago, and a 51.9% implied probability of an increase to .25, down from a 62.8% probability a month ago.
SOURCE:   Minyanville