The market participants are getting it. After several prominent FOMC speakers, including well-known dove William Dudley of the New York Fed, suggested that rate hikes need to be sooner than the market expectations, the federal funds futures are finally registering more than 80 percent probability of a hike in March.
The comments made so far, strongly suggest that the Fed is going for three hikes in 2017, just like they suggested.


Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions




