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Markets Weren't Sure When The Fed Would Raise Rates Again. Now October Is The Leading Bet.

Fed Would Raise Rates Again
International Business Times Fews App News Provider
Fews App Post Time 11h ago

Traders were pricing in about a 73% probability that the Fed would raise rates at its Oct. 27-28 meeting, up from roughly 53% earlier. Getty Images Markets sharply increased their bets on an October Federal Reserve rate hike Wednesday after fresh data showed U.

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