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Economy · Washington, DC, United States · United States of America ·

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

  1. US housing data weakens as Fed weighs further rate hikes
  2. Fed expected to hold rates
  3. Fed holds rates at 3.75-4% as inflation runs high
  4. US economy grows 3.4% as Fed holds rates
  5. US adds 165,000 jobs in October; unemployment falls to 4.1%
  6. US adds 165,000 jobs in October

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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