Markets price 51.5% chance of Fed rate hike at October FOMC after hot CPI, up from 44%

Market pricing now shows a 51.5% chance of a 25-basis-point rate hike at the October 28 FOMC meeting, up from 44%, after September's CPI report showed 3.7% year-over-year inflation. Kalshi put the odds at 46% and CME at 53.7%.

Detected & updated continuously · Source: Nebula