
Investors Expect the Fed to Keep Interest Rates Unchanged in October
Markets give a 90% chance that the Federal Reserve, the US central bank, keeps its main interest rate unchanged at its October 27-28 meeting, according to CME. A Reuters poll expects it to stay within 3.75%-4.00%. The decision is due October 28. Odds this high mean the outcome is largely expected; the Fed's wording about future rate moves matters more.
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