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via insidermonkey.comEconomy

Warsh signals no new rate hike; October hike odds fall to about 15%

FROM THE WIRE · INSIDERMONKEY.COM

Fed Chair Kevin Warsh gave no hint of another rate hike at an IMF event in Bangkok on October 16, and the odds of an October increase fell to roughly 15% on CME FedWatch, according to Benzinga on October...

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishLower expectations of a Fed rate hike can support equities and weigh on the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Fed Chair Kevin Warsh gave no hint of another rate hike at an IMF event in Bangkok on October 16.
  2. 02Odds of an October increase fell to roughly 15% on CME FedWatch.
  3. 03The cited source is Benzinga, with the date only partially shown in the text.

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