Chances of Fed Rate Hike Narrow to 7% -- Market Talk
Dow Jones2026/10/27 20:181618 ET - The market is widely expecting the Federal Reserve to keep rates unchanged on Wednesday and now put the odds of an October hike at just about 7%, according to CME Group data. That said, policymakers are expected to signal a "hawkish pause," with the potential for multiple hawkish dissents, BMO analysts say in a research note. Fed Presidents Hammack, Logan, and Kashkari are in the spotlight after they dissented against the decision to hold rates in July, the analysts say. Fed Chairman Warsh will be closely watched at the FOMC press conference for any sign of how policymakers are forecasting the rest of 2026, they say. (dean.seal@wsj.com)
(END) Dow Jones Newswires
October 27, 2026 16:18 ET (20:18 GMT)
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