The market says a Fed rate hike is a done deal. Here’s why it might hold steady.

Financial markets have heavily priced in expectations for a Federal Reserve interest rate increase during the week following the article’s publication, the first in over three years. Trading odds showed between 85% and 90% probability assigned to a 25 basis point rate hike. However, multiple economists and former Fed officials indicated the decision was not as settled as market positioning suggested.
Key Fed policymakers offered mixed signals on the appropriate course of action. New York