September's Inflation Was in Line With Expectations. Odds of a Rate Hike Dropped But Remain High.

Source: International Business Times

Odds of a rate hike in December stand at about 80% on Thursday. Annabelle Gordon/AFP via Getty Images Odds of a rate hike by the Federal Reserve in December decreased slightly on Thursday after September's inflation rate was in line with expectations and the GDP grew at a robust pace, but still remains elevated. Chances of a hike stood at 79.