benchmark overnight interest rate
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
In September, the inflation rate in the United States increased to 3.7%, surpassing economists’ forecasts, according to new data from the Bureau of Labor Statistics.