Fed's Brad: Markets are pricing in a 75 basis point rate hike in November
According to BlockBeats, on Oct. 20, Bullard of the Federal Reserve said that the market expects the Fed to raise interest rates by 75 basis points in November and will not prejudge how much it will support a rate hike in December. And said the Fed could opt to bring forward tightening from 2023 to 2022. Us GDP figures for the first half of next year will be revised higher at some point, but it will be too late for monetary policy decisions; America's GDP is likely to be flat, rather than negative, in the first half of next year and looks positive in the third quarter. (Financial Association)