Fed Hike Probability Close to 100% in Dec.: Collins

The transcript discusses the Federal Reserve's cautious stance due to election uncertainties and potential market reactions. It highlights the historical context of the Fed's actions around elections and the likelihood of a December rate hike. The discussion also covers the impact of political and global factors, such as Brexit and Chinese economic conditions, on the Fed's decision-making process.

In what ways does the speaker suggest that the political situation in Europe might impact U.S. markets?

What is the speaker's perspective on the timing of the Federal Reserve's decision-making in relation to economic data and political events?