Breaking News Instant updates and real-time market news.


Fed funds futures are little changed to modestly higher

Fed funds futures are little changed to modestly higher, with deferred months outperforming slightly. There hasn't been much reaction to the morning's data, nor yesterday's FOMC minutes. Implied rates are suggesting about a 65% chance for a hike in December. Risk for a tightening at the November 1, 2 FOMC is small given the meeting precedes the presidential election by 6 days, and it's unlikely the Fed would want to do anything to impact the markets at that time. The Fed minutes left a year-end tightening on the table. Analysts didn't interpret the acknowledgement that "several" members wanted , espe


Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.