Feds fund rate by summer?

i'm guessing 3.5%.

 

Bill Gross has said 3.00? but i'm not sure by when..

 

4 meetings including june meeting = minimum 100bps. stick in 2 50's, u get 2.75%.

2.75-3.00% is my guess.

currently, they are WAY behind the curve.

 

4 meets? i'm going with 3.25 then.

 

The summer contracts are discounting 3.25% to 3.50%.

 

-3.25...Yes, free money. Time to start the printing press. Go cotton!

 

3.25 . or hell even lower.. Who knows ??USD could replace yen as carry trade currency.