✉news BusinessBanking first seen 9 h ago, last 1 h ago, peak #1
Top Fed official signals rates to stay on hold in October
Original: Top Fed official signals central bank will keep rates on hold in October
A senior Federal Reserve official has signalled that the US central bank is likely to keep interest rates unchanged at its October policy meeting. The comments point to the Fed maintaining its cautious stance as policymakers weigh inflation pressures and signs of a slowing labour market before easing policy further.
Why now: Markets and investors are watching closely for clues on the path of US interest rates ahead of the Fed's next meeting.
Evidence
- Top Fed official signals central bank will keep rates on hold in October · Financial Times
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