A Fed Pause in Oct Could Signal No Predetermined Hiking Cycle — Market Talk
The Federal Reserve's 12-0 vote in support of the 25-basis-point rate hike last week "should perhaps be followed by a pause next month," First Abu Dhabi Bank's Simon Ballard says in a note. "Yes, the unanimous decision to hike this month sends a clear message of 'more tightening to come'," the chie…