EconomyInflation pressures raise prospect of Fed rate hike on eve of elections
Mounting inflation and a stronger economy appear to be steering the Federal Reserve toward an interest-rate increase just before critical national elections. On Wednesday, traders increased bets that policymakers would tighten again in late October, marking a second consecutive hike.
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Reuters★★★☆☆2026-09-23 19:25Original
Inflation pressures raise prospect of Fed rate hike on eve of elections
Economy