Fed October rate-hike odds crash to 14.9% from 51% in two days, lowest in six weeks, after Warsh declines to preview rates at IMF meetings

Market-implied odds of a Federal Reserve rate hike at the October FOMC have crashed to 14.9%, their lowest level in six weeks, after falling from 51% in two days. Fed Chair Kevin Warsh declined to preview rates at the IMF meetings in Bangkok, saying he doesn't prejudge meetings, while December odds stay high and the dollar slid toward the low 101s.

Detected & updated continuously · Source: Nebula