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BofA Survey Finds 76% Expect Fed to Hold Rates in October

Bank of America's October global fund manager survey says 76% of investors expect the Federal Reserve to hold rates at its Oct. 28 decision, in line with current market pricing.

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An overwhelming 76% of investors expect the Federal Reserve to keep interest rates on hold at its Oct. 28 monetary-policy decision, Bank of America's October global fund manager survey finds. This is in line with current market pricing, where investors assign a low 19% probability of a hike this mo…