According to CME Group's FedWatch tool, as of Oct. 17 there was an 89% chance of a Fed rate hike at the December meeting, although the Fed probably won't hike at its Oct. 28 meeting. The article argues the hiking cycle may be limited to another 0.25% or 0.5% by year-end, though longer-term bond yields have risen. It highlights AbbVie (NYSE: ABBV), a Dividend King with 18.8% annualized returns over 10 years and a 2.42% forward dividend yield. It also notes AbbVie's $70.8 billion of debt is 14% of its $504 billion market cap and mostly fixed-rate, and that pharmaceutical demand is less rate-sensitive than discretionary consumer spending.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Kevin Warsh Fed May Not Cut Rates Soon . That Why This Dividend Stock Belongs in Your Portfolio .
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
XAU/USD
▼ Likely negativeRelevance: 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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