HALISTER1: U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes

U.S. ECO PREVIEW: FOMC Policy Decision Due in 5 Minutes

(Bloomberg) -- Federal Open Market Committee seen maintaining benchmark interest rate with 0.25% lower bound, 0.50% upper bound.
  • Trading in federal funds futures imply ~22% probability of tightening today, ~29% for Nov., ~58% for Dec.
  • See also:
    • RESEARCH ROUNDUP: FOMC’s Dots to Fall, Point to 1 Hike by Yr-End
    • Decision-day guide: Fed Focus Turns to Dots as Hike Odds Fade
    • Fed to Implement Hawkish Hold With Eye on Dec., Bloomberg Intelligence writes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Topics
First Word DC - Foreign Policy

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