What to expect from the Fed as Warsh weighs hot inflation, oil and US midterms
· euronews.com · popularity 19/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
The Federal Reserve is expected to keep interest rates on hold on Wednesday, six days before the US midterm elections, but with inflation at 3.7% and oil prices still elevated, investors see another hike in December as likely and will scour Chair Kevin Warsh's words for clues.
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