Markets continued to reduce bets on a Federal Reserve rate hike in October during Asian trading on Thursday. Data showed the probability of a Fed rate hike in October fell to about 27%, a significant decrease from yesterday's US September CPI report,

2026-10-15

Markets continued to reduce bets on a Federal Reserve rate hike in October during Asian trading on Thursday. Data showed the probability of a Fed rate hike in October fell to about 27%, a significant decrease from yesterday's US September CPI report, but still higher than the 22% probability before the CPI release. Several Fed officials had previously indicated they were in no hurry to act in October.