This Week's Macro Outlook: CPI Data Tests Fed's Stance on Pausing Rate Hikes, IMF Speech by Walsh Takes Center Stage

This week, global markets will focus on the U.S. September CPI data to assess whether the Federal Reserve will maintain its "non-consecutive rate hike" stance. While most Fed officials believe another rate hike may be possible this year, recent comments show they are in no hurry to act at consecutive meetings. Market pricing for a rate hike on October 28 has fallen to around 19%, while a December rate hike is fully priced in. Geopolitically, the stalemate between the U.S. and Iran and the escala

@tonmelonfest