{
  "id": 15790185,
  "title": "Federal Reserve: December hike seen as cycle peak – BNY",
  "url": "https://urgent.news/2026/10/20/federal-reserve-december-hike-seen-as-cycle-peak-bny",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T17:20:00.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/federal-reserve-december-hike-seen-as-cycle-peak-bny-202610201720"
  },
  "original_language": "en",
  "account": null,
  "summary": "In the rates outlook, BNY Markets’ John Velis expects no Federal Reserve rate increase in October, with markets pricing a low probability for an immediate move. He sees December as the next likely and final hike of this cycle, noting that implied policy rates out to December 2027 have eased from their most hawkish levels as inflation remains largely supply-driven.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}