Low impact
UBS revised its Fed forecast to expect a third rate hike in March 2027, after September headline CPI rose 3.7% YoY, with hikes also expected in September and December 2026.
Bloomberg10/15, 07:05 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
USD
Would push up
WeeksMedium confidence
A more hawkish Fed path after the hot CPI print tends to support the dollar via a higher expected rate path.
US10Y
Would push up
WeeksMedium confidence
A steeper expected hike path tends to keep Treasury yields elevated.
Gold
Would push down
WeeksMedium confidence
Higher expected real yields raise the opportunity cost of holding gold.
Nasdaq
Would push down
WeeksMedium confidence
DXY before and after this story
101.75+0.12%vs previous close
-0.35%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
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