Recent September CPI data showing a 3.7% year-over-year rise, driven by energy prices amid Middle East tensions, alongside the FOMC’s September hike to the 3.75-4% target range and updated SEP median of 4.1% for year-end 2026, have anchored trader consensus around the Hike–Pause–Hike path at 69.5% implied probability. Minutes from that meeting reinforced expectations for one additional increase by December, while a Reuters poll of economists shows 94% anticipating a hold at the late-October meeting near midterms before a December move. Hotter core readings and upward revisions to PCE forecasts have elevated December hike odds above 90% in futures markets, though the October decision remains more contested at roughly even money in some pricing. The December SEP release and intervening labor and inflation prints represent key catalysts that could shift these aggregates before year-end resolution.
在此市场中,FED 利率以联邦基金利率目标区间的上限为准。联邦基金利率目标区间的决策由联邦公开市场委员会(FOMC)会议作出。 此市场将根据联邦公开市场委员会(FOMC)接下来三次会议作出的决定结算:9月15日 – 16日;10月27日 – 28日;以及 12月8日 – 9日。 如果联邦基金利率目标区间的新上限低于相关会议前的水平,即符合降息条件。 如果联邦基金利率目标区间的新上限高于相关会议前的水平,即符合加息条件。 如果联邦基金利率目标区间的新上限等于相关会议前的水平,即符合暂停调整利率的条件。 如果 Fed 公布的组合与所有列出的组合都不同,此市场将结算为“其他”。任何降息都将归入“其他”。 不会考虑例行会议之外的紧急利率调整。 此市场的结算依据为 FOMC 会议后发布的声明: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm 联邦基金利率目标区间的水平及其变化也会发布在 Federal Reserve 官方网站上: https://www.federalreserve.gov/monetarypolicy/openmarket.htm
机器翻译。如有争议,以原文为准。