Within minutes of the Fed announcement traders were giving a rate hike by December only a 40 percent chance, based on a Reuters analysis of fed funds futures traded at CME Group. Traders had earlier in the day given a slightly less-than-even chance of a rate rise by the end of this year.
(Reporting by Ann Saphir; Editing by Meredith Mazzilli)Traders pare bets on December Fed rate hike
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