#ratehike

2 BMO: … #Fed Governor #Barr stating that he anticipates further #ratehikes will be needed to corral #inflation. The #30-year #yield, at 5.43%, is the highest since 2004. #Fedfundsfutures are pricing in around 75% odds of an Oct 28 (pre-elections) #ratehike and … 🧵 #markets

Well, on first blush, the bond market seems to like The Fed's decision to hike rates in the US by 25 basis points. The question is, what will Trump do? He'd pledged to tariff the entire planet if The Fed raised rates, an action that would itself increase the inflation that The Fed is trying to fight with the rate increase. https://www.theguardian.com/business/2026/sep/16/us-federal-reserve-votes-hike-rates #USPol #USPoli #USPolitics #RateHike #TheFed #FinancePolicy #Economics

2 BMO: … three #FOMC members did dissent in favour of a #ratehike. #markets