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Fed expected to keep rates at 3.75–4% a week before the US midterm elections

Wednesday, 19:00 Central European Time: the Federal Reserve will announce its rate decision. Markets are nearly certain of a pause, but assign a high probability to a hike in December amid inflation of 3.7%, record fuel prices and Trump's pressure on the regulator. Wednesday, 19:00 Central European Time: the Federal Reserve will announce its rate decision. Markets are almost certain of a pause, but price in a high probability of a hike in December amid inflation of 3.7%, record fuel prices and pressure from Trump on the regulator.

4 min read