Low impact

An economist who correctly predicted the Fed's September rate hike expects the Fed to hold rates in October, but says December could see a doubled 50bp hike if inflation remains uncontrolled, possibly followed by a pause early next year.

Jin1010/15, 08:19 AM

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 possible 50bp December hike, if inflation stays uncontrolled, would support USD on higher rate expectations.
US10Y
Would push up
WeeksMedium confidence
Expectations of a larger Fed hike in December, if realized, could lift Treasury yields.

What could change this

If inflation data cool before December, the Fed could hold without escalating to a 50bp hike, weakening this read.

101.75+0.12%vs previous close

-0.30%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.