A · Important
[Market expectations for no action at the October meeting have increased, and the probability of raising interest rates has dropped from around 27% to below 15%] On October 16th, the market has reduced its expectations for the Federal Reserve to raise interest rates at the October 27-28 policy meeting. After Federal Reserve Chairman Warsh's "dovish" speech, the probability of raising interest rates dropped from about 27% to less than 15%.
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