Latest poll on the Fed

  • 70% see a hike vs 55% in Oct
  • Mid-point Fed funds rate target still seen at 0.375% by end of Dec
  • US economic forecast unchanged ta 2.7% for Q4, 2.6% for 2016

A quick look at the FFR numbers and the chances of a Dec move have slipped from the 72% we saw after NFP to 66%