
Chance of an October rate rise falls as price rises cool
Chance of America's central bank raising rates in October fell to 31% from 69% a week ago, Reuters reported Oct. 1, after U.S. price rises cooled, like a fever easing. That outlook shapes mortgage costs and savings interest. I see relief, not an all-clear: at one-in-three, borrowers and gold holders still face risk until next figures.
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