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Fed expected to hold rates at 3.75 to 4.00 percent as markets price about 90 percent chance of no change, Kitco reports
- Fed expected to hold rates at 3.75 to 4.00 percent as markets price about 90 percent chance of no change, Kitco reports — Kitco, carrying Reuters, reported the Federal Reserve is expected to hold interest rates steady at 3.75 to 4.00 percent at its October 28 decision at 2 p.m. EDT, with CME FedWatch putting the hold probability at about 90 percent. The report said attention has shifted to the pace of future rate increases, including a possible December hike, less than a week before the November 3 midterm elections. (Kitco)
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