Pause after last month’s hike? The Federal Reserve is widely expected to hold its benchmark interest rate steady this month after raising rates in September for the first time since 2023. Still-stubborn inflation: The war with Iran continues to push up energy prices, with higher costs starting to spread to other goods and services. That’s complicating the picture for Fed officials as they balance the impact of persistently higher inflation with higher borrowing costs on already-stretched…
Fed set to hold rates steady in final move before midterms | CNN Business

The US central bank is widely expected to hold rates steady after increasing borrowing costs last month for the first time since 2023. Follow for live updates



