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Fed flips October rate‑hike odds to a hold 📉

Markets had priced a 71% chance of a hike after Vice‑Chair Williams sounded hawkish. Williams told the NY Fed the September action removed urgency, citing 3.7% inflation as too high. He noted decelerating housing costs and no labor‑market pressure. One more hike could still appear in December.

Policy pause appears imminent 🔔

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