Wolfe Research Expects Fed to Hold Rates Steady Wednesday
Wolfe Research Chief Economist Stephanie Roth said the Fed is overwhelmingly likely to leave rates unchanged Wednesday. She expects a pause in October, while persistent inflation could keep a December hike in play.
The Federal Reserve is ‘overwhelmingly likely’ to leave interest rates unchanged on Wednesday, according to Wolfe Research Chief Economist Stephanie Roth, who anticipates a pause in October despite persistent inflation pressures.Roth told Bloomberg she expects Fed Chair Kevin Warsh and other policy…