Fed Decision This Week; Warsh to Explain Expected Hold — SkimNews
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- Federal Reserve began its October meeting with elevated inflation in focus, and its latest interest-rate move is due to be announced this week.
- Warsh will have to explain why the central bank is expected to hold rates steady.
Why it matters: The expected hold means the rate stance stays unchanged; the decision turns on whether elevated inflation justifies departing from it. With the announcement due this week as the October meeting gets underway, Warsh must explain the central bank’s expected course.
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