Bloomberg Surveillance · Thursday, September 24, 2026
The baseline expectation is for consecutive Federal Reserve rate hikes through December, including a potential move in October, despite its proximity to an election. The Fed's history suggests they can be active before elections, especially if economic data reinforces the need for such actions.
“My baseline is consecutive hikes through December.”
“So even October's in play. A lot of people say it can't because of the politics, just days away from an election.”
“I think they've given us a decent amount of history to show that they can be active ahead of elections, and.”