Fed's Williams rules out October rate hike as odds fall below 50%
- —Williams: no need to rush after September's 25 bps hike
- —October rate hike odds fell from 70% to below 50%
- —Inflation at 3.7% is 'unambiguously too high', Williams said
- —Fed governor Barr left the door open to further hikes to reach 2%
Why it matters: A delayed hike eases pressure on risk assets, but Wednesday's PCE inflation print could push October odds back toward 70%.
Source: BeInCrypto PL