Federal Reserve: December Hike Expectations – BNY BNY Markets’ John Velis Previews the October FOMC, Expecting No Rate

Federal Reserve: December hike expectations – BNY BNY Markets’ John Velis previews the October FOMC, expecting no rate hike this week but a possible move in December. He notes market-implied probabilities show the Fed funds rate peaking just above 4.5% with around three mo

Federal Reserve: December hike expectations – BNY BNY Markets’ John Velis previews the October FOMC, expecting no rate hike this week but a possible move in December.

He notes market-implied probabilities show the Fed funds rate peaking just above 4.5% with around three more hikes by next

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