Consumer prices rose 3.7% year over year in September and 0.6% from August, while core inflation was 2.6% annually and 0.3% monthly, all above forecasts. The article says the data points to a second consecutive Fed rate hike at its Oct. 27-28 meeting, but futures traders put an 85.1% chance on rates staying at 3.75% to 4%, with a 74.1% chance of a hike when the Fed meets in early December. The two-year Treasury yield has eased from 4.93% to 4.73% but remains above the current rate, and futures traders see a 65% chance of at least three quarter-point hikes by the end of 2027, taking the rate to 4.5% to 4.75%. Research by Charles Schwab and others suggests stocks perform better when the Fed raises rates slowly, and the author views new Fed Chair Kevin Warsh, in office since May, as an incrementalist, which he considers good for investors.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Will the Fed Raise Rates This Month ? Here What Markets Say .
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Fedinflationinterest ratesKevin Warsh
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 101.78 |
| Change that session | -0.20% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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