FOMC Decision Today: Markets Price 92% Odds of a Hike to 3.75% – 4.00%

The United States Federal Reserve (Fed) is about to drop its interest rate decision today at 2 p.m. ET, and the market has already made up its mind. According to the CME FedWatch tool, the probability of a 25 basis point hike to 3.75% to 4.00% stands at 92.3%. A rate hike today would mark...