The Market Expects That The Federal Reserve Will Raise Interest Rates More Than 74% At The End Of This Year.

The US GDP unexpectedly strong growth in the three quarter. The market expects the Federal Reserve to raise interest rates more than 70% in December this year.

But senior observers caution that the Fed will not expect to release a clear commitment to raise interest rates ahead of schedule.

Data released, federal funds futures trading data show that the market is expected to raise interest rates next March next year's probability is close to 78%.

For this reason, Hilsenrath has three reasons:

The Fed tries to make

To achieve this level of health, Fed officials want to remain so, and they are willing to shift from explicit guidance to soft guidance.

The Fed tries to avoid giving explicit date guidelines, linking the data to data.

On the other hand, they do not want to be linked to specific events at a specific time or to make such commitments.

If the fed once again mentioned the "next meeting" statement in the statement, it would make the market think that as long as the Federal Reserve uses this statement, there will be a rate hike soon, and there will be other unexpected risks at some other time.

In the face of market expectations of the Fed raising interest rates,

It will not reiterate the statement of the meeting before the rate hike in December last year. "For the next meeting, it will judge whether it will be suitable for raising the target rate of the federal funds rate." (the Federal Reserve monetary policy) Commission will assess the progress made in achieving 2% aspects of full employment and inflation.

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Over the past two years, more than 10% of the amount paid to mainland China or Hongkong has increased by 7 RMB.

In this way, the total number of such countries reached 57.

At present, 101 countries use Renminbi as one of their trading currencies.

Reported that in order to enhance the geopolitical status, China has launched a lengthy work to raise the status of the renminbi.

Last month, the IMF included Renminbi in the basket of currencies, including the US dollar, euro, yen and sterling.

This means that the fund will use Renminbi as its lending currency in emergency relief.

The global Interbank Financial Communications Association reported that 2.03% of global payments in September were in Renminbi, up from 1.86% in August.

The total value of global Renminbi payment in September increased by more than 10%, much higher than the average growth rate of 0.93% in all currencies.

Astrid Tausend, director of the business intelligence solutions division of the Interbank Financial Communications Association, said the proportion of us and Japanese companies using renminbi is still very low.

She also said that most of the increase in Renminbi payments came from trade with Singapore, the United Kingdom and South Korea.

The first quarter of the three quarter GDP announced earlier this year increased by 2.9%, an increase of more than two times in the two quarter, the highest single quarter growth since the third quarter of 2014.

The quarterly growth rate of the US economy has never exceeded 2% since the third quarter of last year, and two times less than 1% in the past three quarters.

The same day released an inflation index that the Fed is concerned about.

In the three quarter, the US consumer spending (PCE) grew by 2.1% over the first quarter of the year, slower than expected growth of 2.6%, and 4.3% in the two quarter.

But in the three quarter, the core PCE annualized growth rate was 1.7% higher than the initial value, higher than the expected 1.6% growth rate, and the 1.8% quarter growth in the two quarter.