The Fed Wanted More Data. It Got More Inflation.
Writer: Bryan Cutsinger |
Date: 2026-10-30 09:32:00
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The Federal Reserve selected Wednesday that it wanted extra data earlier than deciding whether or not to lift rates of interest once more, voting 10 to 2 to carry its goal vary for the federal funds price at 3.75 to 4 %. The Fed defined that “the buildup of extra data” would assist it decide the suitable stance of financial coverage. It didn’t have to attend lengthy. Information launched Thursday morning present that inflation accelerated in September and…
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