Investors Give 65% Odds the Fed Keeps Rates Steady in October

Investors put a 65% chance on the Federal Reserve, the US central bank, holding rates steady at its October 27-28 meeting. Up from 53% a month earlier, Reuters reported October 14. This is a market estimate, not a decision. The Fed raised rates in September, its first increase since 2023. Minutes, or meeting notes, are due November 18.