'The Fed put is very much back': Wall Street strategists weigh central bank's next move

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   Wall Street Weighs Federal Reserve's Next Move

   Wall Street strategists are weighing the Federal Reserve's next policy move as conflicting signals emerge over future interest rate decisions. Federal Reserve Chairman Kevin Warsh has kept markets guessing after indicating a lean toward higher interest rates while leaving options open based on incoming data. At the same time, some traders continue betting on a potential December rate cut despite a data blackout, while J.P. Morgan Global Research sees the central bank hiking rates in December due to persistent inflation pressures and a lack of a clear roadmap from the central bank.

   Why it matters

   Market participants are trying to decipher monetary policy direction as the DJ30 slips toward 52,300 amid the ongoing debate. Federal Reserve Presidents Alberto Musalem and Lorie Logan have offered early insights into monetary policy tightening. The central bank previously kept interest rates unchanged despite sticky inflation fueled by oil prices remaining above 100 dollars per barrel.

   What is confirmed

   • Federal Reserve Chairman Kevin Warsh made clear that he leans toward higher interest rates but left himself options depending on incoming data.
   • J.P. Morgan Global Research sees the Fed hiking rates in December because the central bank has yet to lay out a roadmap for tackling inflation.
   • Federal Reserve Presidents Alberto Musalem and Lorie Logan offered insights indicating that leaders at the Fed see a need for monetary policy tightening.

   Still unconfirmed

   • Traders are betting big on a December Fed rate cut despite a data blackout.
   • The Fed kept interest rates unchanged despite sticky inflation fueled by oil above 100 dollars per barrel.

   What to watch next

   • Incoming October U.S. employment and unemployment figures
   • Subsequent statements and policy decisions from Federal Reserve Chairman Kevin Warsh and regional Fed presidents
   Sources used for this update (15)

   1. www.jpmorgan.com — What’s The Fed’s Next Move? | J.P. Morgan Global Research
   2. www.cnbc.com — Fed Chair Kevin Warsh is keeping Wall Street guessing. It may ...
   3. Yahoo Finance — 'The Fed put is very much back': Wall Street strategists weigh central bank's next move
   4. Startup Fortune — Traders bet big on a December Fed rate cut despite a data blackout
   5. VT Markets — DJ30 Slips Towards 52,300 as Traders Await Fed Decision
   6. marketscreener.com — Financials Up as Rate Fears Fade -- Financials Roundup
   7. marketscreener.com — Financials Up After Mixed Earnings, Fed Hold -- Financials Roundup
   8. www.fool.com — Kevin Warsh Offered a Warning on Inflation. Here's What ...
   9. www.fool.com — 2 Words From Fed Chair Kevin Warsh Are Echoing Through Wall ...
   10. www.cnbc.com — Federal Reserve officials are already saying they’ll need to ...
   11. finance.yahoo.com — 'The Fed put is very much back': Wall Street strategists ...
   12. ucapital.com — Wall Street strategists weigh the Fed's… | UCapital News
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