Traders keep bets on December for first Fed rate hike

Futures contracts show that traders still see December as the first Fed meeting when a rate hike is more likely than not, based on CME FedWatch, which tracks expectations using its Fed funds futures contracts. The Fed has kept short-term rates near zero since December 2008.

Traders keep bets on December for first Fed rate hike source: http://finance.yahoo.com/news/traders-keep-bets-december-first-181537637.html