Barron’s Says Fed May Raise Rates After October Pause
Barron’s reports that Fed officials appear inclined to hold rates unchanged at the Oct. 27–28 meeting, while further increases may follow, possibly in December, to address rising inflation.
By Nicole GoodkindFederal Reserve officials appear inclined to keep interest rates unchanged at their Oct. 27-28 policy meeting. But don't be fooled by a pause: More rate increases are likely coming, possibly as soon as December, to tame escalating inflation.The Fed raised its benchmark interest ra…