Traders have pulled back expectations for a Federal Reserve rate hike in October after Fed official Williams said there was no rush to act. According to BlockBeats, the shift in pricing now points to just one more rate increase by the end of this year. The update reflects a softer near-term view on Fed tightening following Williams’ remarks, with markets dialing down the odds of another move as soon as October.
Traders cut back bets on a Federal Reserve rate hike in October, according to a Sept. 30 update from BlockBeats.
The move came after Fed official Williams said there was 「not in a hurry to act」. Markets now expect the Federal Reserve to deliver only one more rate hike by the end of this year.
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