Will Fed signal Dec rate hike next week? - WSJ
|WSJ running a story this Tuesday that there is a very low chance of a Fed rate hike next week in wake of the US elections, while expecting that Fed will strongly signal a December rate rise, especially after the Fed have made clear they expect to raise rates before the end of the year.
Key Quotes:
“The challenge for the FOMC "will be deciding how strongly to signal their expectation of a move at" the December meeting (13th and 14th)”
“Officials, in public remarks and recent interviews, have made clear they expect to raise rates before the end of the year. But with the jobless rate holding steady around 5% and inflation below their 2% target, they aren't in a rush”
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