Federal funds futures imply traders see 88 pct chance Fed raising interest rates at march 20-21 meeting - Reuters data

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1 February 2018

Federal funds futures imply traders see 88 pct chance Fed raising interest rates at march 20-21 meeting - Reuters data

Fed says Open Market Committee unanimously selected Jerome Powell to serve as chairman effective feb 3; scheduled to be sworn in feb 5

United States Fed funds target rate stays flat at 1.375 % (fcast 1.375 %) vs prev 1.375 %. Vote in favor of policy was unanimous

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