Economists Expect Fed to Hold in October, Raise Rates in December
Nearly all economists polled by Reuters expect the Federal Reserve to leave rates unchanged this month and raise them in December, while policymakers signal patience despite persistent inflation.
By Indradip GhoshThe Federal Reserve will skip raising interest rates this month and deliver a hike in December, according to nearly all economists polled by Reuters, as policymakers signal patience even as stubborn inflation argues for a tougher response.Despite reports showing a strong economy wi…