Fed enters blackout period ahead of Nov 2 FOMC
The November FOMC decision is in 8 days and the US election in two weeks.
The Fed won't get much more top-tier data to make its decision but the hawkish rhetoric after the September FOMC has left a solid chance of a hike priced into markets.
December and beyond is where it really gets interesting. There is a high percentage probability of a December hike but it flattens out afterwards and there's still an 11.6% chance of no hike through December 2017.
The chance of a December Hike is now resting at the highest in the past few months.
