Fed May Pause Rate Hike in October, but a December Hike Is Still on the Table

The post Fed May Pause Rate Hike in October, but a December Hike Is Still on the Table appeared first on Coinpedia Fintech News

The Federal Reserve may hold interest rates steady in October, with markets putting the odds of a hike at just 15%. But rising inflation and higher oil prices could push it to raise rates again in December.  As a result, markets now see an 89% chance of a 25-basis-point December hike, which would lift the …