Might as well drop the odds of hike to 0% The odds of a June FOMC hike are down to 14% from 21% before the FOMC. They can now safely fall to zero. The Fed's Kaplan said the Brexit vote will be a factor in the decision. The thing is, the vote is a week after the FOMC so the Fed won't know how it will play out. The latest polls show a close vote once again but betting sites show it's a longshot because the 'undecided' votes will swing towards the status quo (as they always do). In any case, the Fed won't hike. Other comments from Kaplan: • BOJ decision was not surprising • Chinese economic situation stabilized somewhat ... (full story)