Economics
December Fed Rate-Hike Odds Fall Below 50% as Trump Leads Polls
- Probability was 82% before initial results arrived, data show
- Fed has refrained from raising rates after December hike
Is the Market Overreacting to the Election Results?
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Swaps traders slashed wagers on a Federal Reserve interest-rate hike next month as a potential victory for Republican candidate Donald Trump raised the specter of financial market volatility that may deter policy makers from tightening monetary policy.
QuickTake The Fed Lifts Off, Barely