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Fed Rate-Hike Odds Reached 72.8% Before October Jobs Report

For January, market pricing put the chance of a cumulative 25-basis-point increase at 63.4% and a cumulative 50-basis-point increase at 15.1%.

A brass pointer balances between two marks before a neoclassical facade / TokenPost.ai
A brass pointer balances between two marks before a neoclassical facade / TokenPost.ai

Market pricing on Nov. 6 placed the probability of a 25-basis-point Federal Reserve rate increase in December at 72.8%, ahead of the October U.S. jobs report. The chance of no December change was 27.2%.

For January, pricing assigned a 21.6% probability to no change, a 63.4% probability to a cumulative 25-basis-point increase and a 15.1% probability to a cumulative 50-basis-point increase.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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