Markets unsure whether the Fed will raise interest rates next week
FROM THE WIRE · REALCLEARMARKETS.COM
Markets can't tell whether the Federal Reserve will raise interest rates next week. After September's inflation reportcame in hot at 3.7%, markets moved the probability of a hike from 20% to 50%. With
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA possible Fed rate hike after hot inflation can weigh on bonds and equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01September's inflation report came in hot at 3.7%.
- 02According to the text, the probability of a hike moved from 20% to 50%.
- 03The piece comments on the Fed's stance under Warsh.