Will the Fed Hike on 28 October? What the Odds Did After a…
By Rick Steves
Source excerpt · FinanceFeeds
The Federal Reserve has 13 days to decide whether September’s inflation report warrants another increase, but markets did not settle on one answer. CME FedWatch pricing for a 25-basis-point move shifted from roughly 22% before the release to about 50% shortly afterwards, then eased as traders assessed the data and Fed comments. The Bureau of Labor Statistics report and the Fed’s own words leave th…