TechFlow news, October 26 — According to CME FedWatch, investor expectations for the Federal Reserve holding interest rates steady at its next meeting have declined, while upcoming inflation and employment data to be released next week could still shift market outlook.
Per CME FedWatch, the probability of the Fed keeping rates unchanged has dropped from nearly 20% earlier this month to just 2%. Most investors now expect a 25-basis-point rate cut. The September PCE data will be released next Thursday, followed by the October employment report next Friday. Price data indicate inflation remains persistent but not overheated, while employment figures may be subject to one-time impacts from hurricanes and strikes. (Jinshi)
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