Fed Funds vs. Employment/Population + Inflation

Fed Funds vs. Employment/Population + Inflation This chart suggests the optimal monetary policy, while Fed officials do not anticipate any rate hikes until 2022. Image: Oxford Economics

Fed Funds Futures Curve (Interest Rates)

Fed Funds Futures Curve (Interest Rates) For the first time, traders are starting to price in negative U.S. interest rates for first time. Image: The Daily Shot – The Wall Street Journal

Expected Fed Funds Rate

Expected Fed Funds Rate Fed funds futures for January 2021 imply an expected rate of 1.18%. Click the Image to Enlarge

Change in Fed Funds Rate

Change in Fed Funds Rate The Fed has cut rates by 100 bps to 0.00-0.25%. This is the biggest rate cut in modern times. Image: Danske Research

Gold vs. Fed Funds Futures

Gold vs. Fed Funds Futures Chart showing the current divergence between gold and the implied Fed funds rate. Image: Longview Economics

Fed Funds Rate Expectations

Fed Funds Rate Expectations Muted inflation and moderation in job growth could support a Fed rate cut in June. Image: Oxford Economics