Federal Reserve decision nears: 3.7% inflation vs jobs slump tenses market
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Summary
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 post Federal Reserve decision nears: 3.7% inflation vs jobs slump tenses market appeared first on Rolling Out .
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