Traders Put Fed Rate-Hike Odds at 10% Ahead of October 27-28 Meeting

Traders put the odds of a Federal Reserve rate hike at the October 27-28, 2026 meeting at 10%, per UNN, so a hold is the dominant expectation. A hike would raise the federal funds rate, the overnight rate banks charge each other, and typically lift Treasury yields. Gold, which pays no yield, tends to weaken when yields rise.