Skip to main content
See every side of every news story
Published • loading... • Updated

Fed to hit pause on rate hikes, but maybe not for long

  • The Federal Reserve will conclude its two-day meeting on Wednesday, with members widely expected to maintain the target interest rate range at 3.75% to 4%.
  • Persistently high inflation continues to challenge the central bank as energy costs remain elevated due to the ongoing war in Iran, with September inflation rising to 3.7% from 3.4%.
  • CME Group's FedWatch tool shows a roughly 90% probability of a rate pause, reflecting official efforts to avoid political optics just six days before Election Day.
  • Two-Thirds of Americans describe soaring fuel prices triggered by the conflict as a serious problem, and voters report significant economic strain ahead of the midterm elections.
  • Although rates will likely hold this week, the Federal Reserve has not ruled out future hikes this year, with officials scheduled to reassess the economy in December.
Insights by Ground AI
Podcasts & Opinions

156 Articles

Spectrum Local NewsSpectrum Local News
+3 Reposted by 3 other sources
Center

Federal Reserve to announce decision on interest rates ahead of midterms

During an appearance earlier this month, Federal Reserve Chair Kevin Warsh was coy about which way the decision might go.

·United States
Read Full Article
Center

Although stubborn inflation could justify another rate hike, the Fed is expected to leave the target range of 3.75-4 percent unchanged at its meeting on Wednesday. Annual inflation accelerated to 3.7 percent in September, and price pressures are also being amplified by rising fuel prices due to the Iran war and investments related to artificial intelligence. The market is nevertheless pricing in a nearly 90 percent chance of keeping rates on hol…

·Budapest, Hungary
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 56% of the sources are Center
56% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Southeast AgNET broke the news on Tuesday, October 20, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal