Fed Chair Kevin Warsh gave no hint of another rate hike at an IMF event in Bangkok on October 16, and the odds of an October increase fell to roughly 15% on CME FedWatch, according to Benzinga on October 16. The same report said those odds had climbed to 54% after Wednesday’s inflation data.
The data behind that jump was hot. According to Yahoo Finance on October 14, September consumer prices rose 3.7% from a year earlier against the 3.6% economists expected. Investing.com reported on...
