Fed Hints at Smaller Rate Cut as Inflation Persists

At the Federal Reserve meeting on October 9, 2024, officials expressed a cautious stance on inflation, suggesting that the central bank may not be confident in its ability to combat rising prices. This has led investors to anticipate a smaller interest rate cut of 25 bps in November, with the probability increasing from last week’s The post Fed Hints at Smaller Rate Cut as Inflation Persists appeared first on Coin Edition .