A week ago, the CME FedWatch tool showed a 60-65% chance of a quarter-point rate hike at the Federal Reserve’s two-day meeting next Wednesday. Recent comments by Chairman Warsh have calmed those expectations: he called inflation “a common challenge,” pointed to tightening monetary policies worldwide, and said AI is creating a huge tailwind for economies. The chance of a hike has fallen to 15%, with 85% odds of no change next week. The Fed does not meet in November, but CME FedWatch shows a 90% chance of a rate hike at the December meeting.
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Fedinterest ratesinflationKevin WarshDXY
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Related tickers and likely impact
DXY
• NeutralRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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