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Fed Has Never Hiked In October Ahead Of US Elections: UBS

Fed Has Never Hiked In October Ahead Of US Elections: UBS The US-Iran conflict has pushed Brent crude toward $106 a barrel, while the 10-year Treasury yield has climbed to its highest level in nearly two decades. Traders are looking at whether elevated energy prices will make inflation sticky and prompt another Federal Reserve rate hike in late October.  This week's US economic releases could reinforce those new concerns. Stronger growth would give the Fed greater mobility to tighten policy, while inflation would strengthen the case for further rate hikes.  UBS' Simon Penn wrote in a note...
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