Fed to hit pause on rate hikes, but maybe not for long
Economists expect a pause as 94 of 100 Reuters poll respondents see rates held, with inflation still above the Fed’s 2% target.
- The Federal Reserve is expected to keep its short-term interest-rate target at 3.75%-4.00% during its October 27-28 meeting.
- Inflation remains above the Federal Reserve’s 2% target, while economic growth and consumer spending have strengthened.
- Economists polled by Reuters expect the Federal Reserve to pause in October but raise rates in December as policymakers respond to persistent inflation.
193 Articles
193 Articles
The US central bank is expected to leave interest rates unchanged tonight, even though inflation has climbed to 3.7% • This is a month and a half after the first interest rate hike since 2023 • Markets estimate that the hike could come as early as December, but some believe that a surprise is expected in this week's decision • And in the background: the US midterm elections and the dilemma of the Fed chairman whom Trump appointed
Krem2 News
Federal Reserve likely to skip rate hike despite elevated inflation as midterm elections loom
The Federal Reserve board is meeting Wednesday to determine if its benchmark interest rate should be raised. Analysts say it's likely to remain the same.
US Fed rate decision tonight: Will Kevin Warsh hold rates or signal another hike?
The Federal Reserve is expected to keep interest rates unchanged after September’s increase, but persistent inflation, elevated borrowing costs and pressure on housing and employment will put Kevin Warsh’s policy outlook under scrutiny.
Federal Reserve likely to skip rate hike despite elevated inflation
The Fed, led by Chairman Kevin Warsh, wants to return inflation to its 2% target, which it typically does by raising its short-term interest rate. Higher borrowing costs, over time, can cool spending and slow inflation
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