Zarish Trades

#FedMinutesFocusOnOctoberPause Market expectations have dramatically shifted toward an October pause as investors await the release of the Federal Reserve’s September meeting minutes. While the Federal Open Market Committee (FOMC) unanimously raised the benchmark interest rate by 25 basis points to a 3.75%–4.00% range last month, cooling economic indicators have drastically reshaped the macroeconomic landscape. [1, 2, 3, 4] Following softer-than-expected August PCE inflation data and a notably weak September non-farm payrolls report, traders have slashed the probability of an October rate increase to roughly 22%. The hashtag #FedMinutesFocusOnOctoberPause highlights the market's intense scrutiny of today's minutes to gauge whether internal policymakers were already leaning toward a patient, data-dependent pause before the recent weak data dropped. [1, 2] $MSFTB $JPMB $KITE #October10Crash #fedinterest #OctoberMarketUp