Anybody who's still thinking that the Fed is considering going 50 basis points next Wednesday should probably abandon that expectation.

Tom Simons

Categorized in : Business

They are the biggest players in the fed funds market right now. Their participation has a huge influence on the fed funds rate.

As much as the Fed has said they want to tighten in 2015, that has all been contingent upon the realization of a forecast that just doesn't look realistic at this point, based on inflation and recent weakness in commodity markets.