Chance of an October rate rise falls as price rises cool

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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