Fed Seen Holding Rates With Nod to December: Decision-Day Guide

The Federal Reserve held interest rates steady on Wednesday, according to reports from Bloomberg, NYT, and MarketWatch. Bloomberg reported that the decision came after September inflation data came in higher than expected. The decision occurred days before midterm elections, according to NYT reporting.

• Bloomberg — Fed Seen Holding Rates With Nod to December: Decision-Day Guide
• NYT — The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.
• MarketWatch — The cost of money itself is on the ballot as voters struggle with pricey car loans, mortgages and credit-card debt

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