Officials Lean Toward A Skip At Nov. 1 FOMC but Door Open To More Rate Hikes
By Steven K. Beckner (MaceNews) – As the Federal Reserve’s penultimate monetary policy meeting of 2023 rapidly approached, Fed officials collectively leaned against another short-term interest rate hike, while expressing hope that rising long-term rates might substitute for Fed rate action. By no means, though, did they rule out additional monetary tightening to fight inflation, […]