Experts see Fed rate hike likely in December, urge caution
Experts said sticky inflation and a strong economy make a Federal Reserve rate hike in December likely, while some urged caution.
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H impact | CENTRAL_BANK | Oct 29, 2026, 05:30 PM UTC
ECB holds rates, leaves door open to December hike
The ECB kept rates unchanged and did not rule out a hike in December, while expressing caution about growth.
M impact | CENTRAL_BANK | Oct 29, 2026, 05:28 PM UTC
Wall Street saw a rotation out of several technology giants and into a broader range of stocks, while also fueling a move toward the safety of bonds. [09:15 ET] ECB: The increased magnitude and duration of the energy shock, as well as the implications for indirect and second-round effects, are likely to drive up inflation and lower growth. [EUR & European Bond Yields Weakened]
Wall Street saw a rotation out of several technology giants and into a broader range of stocks, while also fueling a move toward the safety of bonds. [09:15 ET] ECB: The increased
H impact | CENTRAL_BANK | Oct 29, 2026, 05:24 PM UTC