Federal Reserve holds interest rates steady at 3.75%–4.00%, pausing after September's hike.
Fed Chair Kevin Warsh set to address the decision shortly. Wall Street traders currently pricing in another rate increase for December, though expectations remain fluid.
The hold comes as markets weigh inflation data against signs of economic cooling.
Fed Chair Kevin Warsh set to address the decision shortly. Wall Street traders currently pricing in another rate increase for December, though expectations remain fluid.
The hold comes as markets weigh inflation data against signs of economic cooling.