✉news BusinessBanking first seen 18 h ago, last 11 h ago, peak #10
Fed officials dismiss market bets on October rate increase
Original: Fed officials wash away market bets on October rate increase
Federal Reserve officials have pushed back on market expectations that the central bank will raise interest rates in October, dousing bets priced in by traders. Their remarks suggest policymakers see no urgency to tighten further, leaving investors to reassess the likely path of US monetary policy heading into the autumn.
Why now: Fed commentary is reshaping interest-rate expectations, which moves bond, currency and equity markets.
Evidence
- Fed officials wash away market bets on October rate increase · The State
- Fed officials wash away market bets on October rate increase · Reuters
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