Fed Minutes Show Little Urgency on Timing of Next Hike -- Market Talk
Dow Jones2026/10/07 19:271527 ET - Minutes from the Federal Reserve's September meeting offered little indication of an urgency to deliver another rate hike this month, BMO analysts say in a note. The minutes show unanimous support for fiscal tightening and a high likelihood of another rate hike this year, they say. But officials also emphasized that they would approach each meeting with an open mind and make decisions based on incoming information, the analysts say. The market-implied odds of a rate hike this month have slipped in the wake of the minutes, which reinforces New York Fed President Williams' recent message that there is "no need for urgency," the analysts say. (dean.seal@wsj.com) (END) Dow Jones Newswires October 07, 2026 15:27 ET (19:27 GMT)
1527 ET - Minutes from the Federal Reserve's September meeting offered little indication of an urgency to deliver another rate hike this month, BMO analysts say in a note. The minutes show unanimous support for fiscal tightening and a high likelihood of another rate hike this year, they say. But officials also emphasized that they would approach each meeting with an open mind and make decisions based on incoming information, the analysts say. The market-implied odds of a rate hike this month have slipped in the wake of the minutes, which reinforces New York Fed President Williams' recent message that there is "no need for urgency," the analysts say. (dean.seal@wsj.com)
(END) Dow Jones Newswires
October 07, 2026 15:27 ET (19:27 GMT)
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