The Federal Open Market Committee meet on November 1 and 2

Markets have put a very low probability of a rate hike at the November meeting, citing the election the following week as a constraint

Thus says the Wall Street Journal (bolding mine):

  • The challenge for the FOMC "will be deciding how strongly to signal their expectation of a move at" the December meeting (13th and 14th)
  • Officials, in public remarks and recent interviews, have made clear they expect to raise rates before the end of the year. But with the jobless rate holding steady around 5% and inflation below their 2% target, they aren't in a rush

"Aren't in a rush"? If November is really off the table then its gotta be December.

Article is here, it's the Wall Street Journal, so it may be gated: Fed's Task Next Week: Signal December Rate Rise