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Thursday's US CPI inflation report suggests a November pause...
Thursday's US CPI inflation report suggests a November pause, but increases the odds of a later hike.
As of Friday morning, financial markets see a 91% chance of the Fed holding rates at current levels in November.
For December, they are pricing in a more divided 67% chance for a pause and a 33% chance of a rate increase.
What will the Fed do amid persistently high inflation? $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
As of Friday morning, financial markets see a 91% chance of the Fed holding rates at current levels in November.
For December, they are pricing in a more divided 67% chance for a pause and a 33% chance of a rate increase.
What will the Fed do amid persistently high inflation? $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$
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