Odds of a hike at the December meeting are creeping lower (just 16 bps now priced into the Dec. 18-19 meeting OIS) * The outlook for 2019 is turning dovish with just an additional 36 bps (around 1.5 hikes total) priced into December 2019 FOMC where the hike path hits a peak * Almost 10 bps of cuts and now priced into the first half of 2020, quite a turnaround
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