Economy
US Federal Reserve Expected to Leave Interest Rates Unchanged
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THE BRIEF
1
The US Federal Reserve is expected to leave interest rates unchanged at 3.75%-4.00% following its two-day meeting ending Wednesday.
2
The anticipated pause follows a 25-basis-point increase in September, which was the first rate hike since 2023 under Fed Chair Kevin Warsh.
3
Traders are pricing in an 83% probability of another rate hike in December based on the CME Group's FedWatch Tool.