Fed Rate Decision Today: Warsh Set To Pause As Markets Price Under 10% Hike Odds
Photo: Coinpedia
The Federal Reserve is widely expected to keep interest rates unchanged on Wednesday, leaving its benchmark range at 3.75% to 4% after a quarter-point hike in September. CME FedWatch data shows markets pricing less than a 10% chance of another increase, though traders see a hike in December as likely. With no new dot plot or economic projections at this meeting, attention will turn to Chair Kevin Warsh’s press conference. Cleveland’s Beth Hammack, Dallas’s Lorie Logan and Minneapolis’s Neel Kashkari could dissent, having opposed a hold in July.
Source: Coinpedia
