Developing

Fed Expected to Hold Interest Rates Steady

The Federal Reserve is widely expected to hold interest rates steady at its Wednesday decision, with Chair Warsh scheduled to hold a briefing afterward. Markets and analysts anticipate no change despite recent inflation acceleration linked to oil and gas price spikes from the Iran war. The decision comes days before U.S. midterm elections.

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The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch. NYTimes – Business
In brief

What the sources add

The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.

Source coverage

Media reports

Business
PBS

WATCH LIVE: Fed chair Warsh holds briefing after latest interest rate decision

The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.

Business
ABC News

Federal Reserve set to issue interest rate decision as midterm elections loom

Markets expect the central bank to hold rates steady for now.

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.NYTimes – Business
NYT

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.

The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.

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