So far, there was a divide between economists and pricing in markets: while markets reflected a chance of between 20% and 30% for a rate hike, various surveys of economists have shown a majority for a rate hike in the September 17th meeting.
But now, economists seem to be getting cold feet and only a minority supports a move. So, are markets now seeing no move from the Fed? Will a hike be a huge surprise?
Read the rest of the article Is a Fed “no hike” already priced in?