Fed decision day: Markets price 93% chance of rate hike, first since July 2023

Markets see a 93% probability the Fed will hike rates today. A no-hike would be the biggest dovish surprise since 1994. Wall Street expects a 25bp increase with potential dissents. 73 clean stories shaped this window, with sentiment strongly bearish at 30/100. Also in focus: US retail sales beat estimates in August, rising 1.2% month-over-month.