Just three weeks ago, it appeared that The Fed's rate hike cycle was complete and the odds of another hike in June were at 0%. Today, those odds are greater than 50% and the impact has been frustrating for all of us in the precious metals and mining shares.
The actual odds are now 57%, which is up from about 45% just yesterday. See below in this tweet from DDB:
A 57% probability of a June 14th subsequent @federalreserve 25 bps hike.