Sam Price Predicts Federal Reserve Interest Rate Decision

According to Twitter user Sam Price, the Federal Reserve will make a decision in 8 days. Based on CME FedWatch data, the probability of keeping the interest rate unchanged on October 28 is about 82%, while the probability of a rate hike is about 18%. By December 9, the probability of at least one more rate hike is about 90%. The yield on the 10-year U.S. Treasury bond remains close to 5.1%. The market generally expects interest rates to remain at a high level for an extended period.

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