#FedOctoberRateHikeOddsFallTo17%
The probability of a Federal Reserve interest rate hike at the upcoming October 27–28 meeting has plummeted to just 17%. [1]
This sharp collapse from a peak of nearly 75% just a week ago follows a sequence of cooling macroeconomic data, capped off by a significantly weaker-than-expected September U.S. nonfarm payrolls report. Traders have rapidly adjusted their projections, shifting the dominant expectation to a rate hold. [1, 2]
$GKOS.US
$FOGO
$FHI.US
The probability of a Federal Reserve interest rate hike at the upcoming October 27–28 meeting has plummeted to just 17%. [1]
This sharp collapse from a peak of nearly 75% just a week ago follows a sequence of cooling macroeconomic data, capped off by a significantly weaker-than-expected September U.S. nonfarm payrolls report. Traders have rapidly adjusted their projections, shifting the dominant expectation to a rate hold. [1, 2]
$GKOS.US
$FOGO
$FHI.US
