Odds are on the Fed's

This is from MarketWatch.
http://www.marketwatch.com/news/economy/economic_calendar.asp
We'll find out exactly what the Feds are going to do at 11:15 AM today.
But notice the wording?
Personally, anytime I see the words "Odds of" I'm thinking that means betting to me.
Just goes to show, you can pretty much bet on anything -
even the odds of the Feds dropping or raising rates!
So if I read this right, there's a 61% chance the Fed's are going to raise or lower rates according the MarketWatcher's?
Federal Reserve Policy Forecast
| Current policy | After FOMC meeting on | Kellner's forecast | MarketWatch survey median |
| Fed Funds: 5.25% | |||
| Jan. 31 | 5.25% | 5.25% | |
| March 21 | 5.50% | 5.25% | |
| June 28 | 5.50% | 5.25% | |
| Odds of change from current policy
| |||
| Jan. 31 | 5% | 4% | |
| March 21 | 55% | 34% | |
| June 28 | 75% | 61% |
When the actual report comes out, I'll post a link here.
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