Benign Inflation Today Keeps Fed Rate Hike At Bay: Economists Expect Powell To Hold Steady After Latest Data, Markets Find Relief

Benign Inflation Today Keeps Fed Rate Hike At Bay: Economists Expect Powell To Hold Steady After Latest Data, Markets Find Relief

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The Federal Reserve’s preferred measure of inflation came in broadly in line with the consensus of Wall Street economist expectations in September, effectively solidifying already heightened expectations that the Fed will refrain from raising rates again next week. The personal consumption…

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