BNY: No Oct hike but Dec move possible
BNY Markets’ John Velis expects no rate change at this week’s FOMC but sees a possible hike in December, with market-implied probabilities pointing to the Fed funds rate peaking just above 4.5% and around three more hikes by next year.
Original · FXStreet AI summary of public reporting
Why: Dec hike odds rise → tighter policy pressure
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At publication → CurrentSP5007,704 → 7,718+0.2%
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