Investors widely expect the Fed to raise its benchmark interest rate by 75 basis points (bps) on Wednesday, the fourth such increase in a row. But for the December meeting, the futures market is split on the odds of a 75- or 50-bps increase amid recent suggestions from Fed officials of a potential slowdown in the tightening pace.
Global Market Today: Asian stocks waver as oil gains fuel inflation, rate concerns
Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale
September 24, 2026