How Likely Is Another 75 Basis Point Rate Hike This Week? 11/01/22

Worldwide Exchange - A podcast by CNBC

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The Federal Reserve kicks off its two day policy meeting today, with investors pricing in a more than 88% chance of a 75 basis point rate hike. Former Fed Vice Chairman Roger Ferguson explains what to expect. Plus, the chip sector remains in focus for Wall Street this week as several names report Q3 results. Fitch Ratings’ Jason Pompeii breaks down the names to watch. And, stocks are gearing up for a new trading month after October’s big bounce. New Street Advisors Group’s Delano Saporu and J.P. Morgan’s Joyce Chang discuss how they’re playing the markets.