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      Odds of October Federal Reserve Rate Hike Decrease to 50%

      Market expectations for an interest rate hike by the U.S. Federal Reserve in October have dropped to 50%, down from approximately 70%. This shift follows comments from John Williams, the President of the Federal Reserve Bank of New York, who indicated that there is 'no rush to act' regarding further rate increases.

      Despite the reduced likelihood of an immediate hike, Williams noted that the Fed may still consider one more increase before the end of the year, emphasizing that controlling inflation remains a top priority for the central bank.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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