Fed expected to hold rates
Markets overwhelmingly expect the Fed to leave rates unchanged after September's increase. Warsh may signal more hikes.
Why it matters
Borrowing costs stay high for US households.
Background
The Fed raised rates last month.
The story so far
- US housing data weakens as Fed weighs further rate hikes
- Fed expected to hold rates
- Fed holds rates at 3.75-4% as inflation runs high
- US economy grows 3.4% as Fed holds rates
- US adds 165,000 jobs in October; unemployment falls to 4.1%
- US adds 165,000 jobs in October
Sources
- CNBC ↗Oct 27, 11:52 AM ET
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