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Fed likely to hold rates as market lowers September hike odds

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Fed likely to hold rates as market lowers September hike odds.

The Federal Reserve is expected to maintain current interest rates according to a strategist at TD Securities, as reported by Bloomberg Economics.

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Summary

This analysis comes amid shifts in market pricing, which now suggests a decreased likelihood of a rate hike by the Federal Reserve’s September meeting. Market pricing reflects a notable shift in expectations regarding the Fed’s next steps. The Fed’s decision-making process continues to be influenced by a complex interplay of economic indicators. Market pricing suggests a decreased likelihood of a Fed rate hike by the September meeting, consistent with the Bloomberg report. The odds for a rate hike by the September meeting have dropped from 47% to 31% over the past week.

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#Federal Reserve (FED) #Bloomberg #Federal Reserve (FED) #Jerome Powell