After the Federal Reserve raised rates as expected in September, market conditions have not changed much. It really seems to have been priced in early, and it hasn’t fallen very much. Also, Waller’s remarks were rather firm—so even in this situation, they were still able to hold above 75k, which shows very strong resilience! In that case, let’s continue to hold on to the lower dip for a bit.

The probability that the October meeting will keep the interest rate unchanged at 3.75%-4.00% is 50.2%, while the probability of a 25-basis-point hike is 49.8%. That means there may be another rate hike in October.
The dot plot’s median suggests that another rate hike is possible, expected to occur by the end of the year.