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

Market pricing now shows a 51.5% chance of a 25-basis-point rate hike at the October 28 FOMC meeting, according to a widely shared market-odds figure. Traders are also betting the Fed may have to hike twice or raise by 50bp in December, per CNBC.

Detected & updated continuously · Source: Nebula