{
  "id": 8017851,
  "title": "Federal Reserve: Hawkish path extends into year-end – Commerzbank",
  "url": "https://urgent.news/2026/09/17/federal-reserve-hawkish-path-extends-into-year-end-commerzbank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T11:58:03.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/federal-reserve-hawkish-path-extends-into-year-end-commerzbank-202609171158"
  },
  "original_language": "en",
  "account": "Commerzbank's FX Research team reports that the Federal Reserve is on a hawkish path into the end of the year, with a 25 basis point increase in the Fed funds target range to 3.75-4.00% and a probability of further rate hikes this year and beyond. The latest dot plot indicates that the median Fed funds projection for the end of 2026 has risen to 4.125% from 3.75% in June, suggesting another 25bp hike. Sixteen out of 18 officials now expect at least one further rate hike this year. The Fed funds futures price a 51% probability of a 25bp hike in October and a total hike of 33bp by year-end. The Fed's decision to tighten policy is driven by tight conditions in the bond market, making a status quo riskier. The next Fed meetings are on October 27-28 and December 8-9, with the latter occurring just before the midterm elections. The hawkish Fed rate hike is likely the main factor behind the Dollar's support, while AUD/USD gains strength and USD/JPY recovers from a brief dip.",
  "summary": "Commerzbank’s FX Research team, including Charlie Lay and colleagues, highlight a hawkish shift from the Federal Reserve as it raised the Fed funds target range by 25bp to 3.75–4.00%. The updated dot plot points to another hike this year and higher rates through 2028.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
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        "url": "https://urgent.news/2026/09/17/trump-calls-for-us-interest-rates-to-be-cut-to-1-or-lower",
        "published": "2026-09-17T07:27:42.000Z"
      },
      {
        "outlet": "City AM",
        "title": "Federal Reserve earns rebuke from Trump after interest rate hike",
        "url": "https://urgent.news/2026/09/17/federal-reserve-earns-rebuke-from-trump-after-interest-rate-hike",
        "published": "2026-09-17T07:57:02.000Z"
      },
      {
        "outlet": "France 24 Business",
        "title": "US Federal Reserve hikes interest rates for the first time in three years",
        "url": "https://urgent.news/2026/09/17/us-federal-reserve-hikes-interest-rates-for-the-first-time-in-three",
        "published": "2026-09-17T09:08:23.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "Top strategist thinks the Federal Reserve interest rate hike won't fix this huge earnings risk",
        "url": "https://urgent.news/2026/09/17/top-strategist-thinks-the-federal-reserve-interest-rate-hike-wont-fix",
        "published": "2026-09-17T12:16:19.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Why did the Federal Reserve raise interest rates and how does it affect me?",
        "url": "https://urgent.news/2026/09/17/why-did-the-federal-reserve-raise-interest-rates-and-how-does-it",
        "published": "2026-09-17T12:50:00.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Federal Reserve: Two more hikes seen as inflation stays too high – UOB",
        "url": "https://urgent.news/2026/09/17/federal-reserve-two-more-hikes-seen-as-inflation-stays-too-high-uob",
        "published": "2026-09-17T14:18:28.000Z"
      }
    ]
  },
  "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."
}