Fed debates pausing rates despite rising inflation in the U.S.
The Federal Reserve meets to decide what to do with interest rates, a week before the November 3 midterm elections. The market largely expects it to keep rates in the 3.75%-4% range set in September, even though September inflation stood at 3.7% year-on-year, against the 2% target. FOMC minutes attribute the surge to tariffs, energy, inputs and technology goods linked to AI.
In 30 seconds
- The market widely expects the Fed to hold rates at 3.75%-4% at this meeting.
- September inflation stood at 3.7% year-on-year, above the 2% target.
- The FOMC unanimously approved in September the first rate hike in more than three years, of 25 basis points.
IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.




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