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Fed October rate hike odds collapse after Williams cools talk
Original: Fed rate hike odds for October collapse after Williams cools talk
Odds of a Federal Reserve rate hike in October dropped sharply after New York Fed President John Williams pushed back on expectations of further tightening. Markets had been pricing in a possible increase, but his comments cooled speculation, and traders quickly repriced the likelihood of action this month.
Why now: Markets reacted immediately to a senior Fed official signalling less appetite for another rate hike.
Evidence
- Fed rate hike odds for October collapse after Williams cools talk · Startup Fortune
API: https://socialmediatrends-api.osmike.com/v1/trends/1869213