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Pravda Markets Report

Rate Watch extract from the

Monthly Review

September Edition

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Rate Watch

• Fed Funds Rate @ 0.50: market projects at 82% chance that there will be no rate hire in September

• Prime Rate @ 3.50: stable from a year ago

• FOMC’s‏Rate‏Projection:‏currently‏projecting‏%‏1.00‏@‏2016‏and1.70%‏@‏2017‏

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