Latest market pricing:
Fed meeting Oct 27-28 → ~10% chance of 25bps hike, ~90% chance they hold.
So October's basically a pass. But don't get too comfy.
Inflation still hot, oil spiking, wars brewing, employment data all over the place. One Fed official opens their mouth and the whole script flips.
Waller's staying quiet too, which never helps.
Watch the data, not the odds.
Fed meeting Oct 27-28 → ~10% chance of 25bps hike, ~90% chance they hold.
So October's basically a pass. But don't get too comfy.
Inflation still hot, oil spiking, wars brewing, employment data all over the place. One Fed official opens their mouth and the whole script flips.
Waller's staying quiet too, which never helps.
Watch the data, not the odds.