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Fed October rate-hike odds fall to 45% from 70% in 48 hours

  • Markets lowered expectations for an October Fed rate hike.
  • Odds fell from about 70% to roughly 45% in 48 hours.
  • Lower hike expectations could ease pressure on financial markets.

Market expectations for an October Fed rate hike have dropped to about 45% from roughly 70% on Sept. 29, a 25 percentage-point decline in 48 hours. The shift could ease pressure on financial markets, although it reflects changing expectations rather than a confirmed policy decision.

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Fed October rate-hike odds fall to 45% from 70% in 48 hours - CoinPost Terminal