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Federal Reserve decision nears: 3.7% inflation vs jobs slump tenses market

6h

The Federal Reserve is expected to keep its benchmark interest rate at 3.75% to 4% when it announces its decision at 2 p.m. ET today, Oct. 28, even though inflation is heating up again. Traders put the odds of a hold at about 90%, according to CME Group’s FedWatch tool. Chair Kevin Warsh will speak […]

The postFederal Reserve decision nears: 3.7% inflation vs jobs slump tenses marketappeared first onRolling Out.

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