Wall Street "considers" Wosh's speech: suggests that there will be further interest rate hikes, but the extent will not be too large
The Federal Reserve maintained interest rates unchanged at 10 to 2, and Waller rejected characterizing the current financial conditions as "tight," which was interpreted by the market as a signal that there will still be a rate hike in December, but the extent will be limited; futures have priced in one rate hike each in December and March next year.