Fed hike odds this month fall sharply to near coin toss
CME data cited by WSJ shows traders pricing about a 50% chance of a quarter-point Fed rate hike this month, down from about 70% the prior day.
By WSJ StaffTraders see the odds of the Fed hiking rates this month as more or less a coin toss.They are pricing a roughly 50% chance of a quarter-point increase, according to CME data.
Only yesterday, investors were pricing a 70% likelihood of a hike.That's after prominent Fed board members spoke…