While US inflation data has come in hot since then, officials seem in no rush to deliver another hike THE US Federal Reserve and its peers in the eurozone and Japan will probably keep interest rates steady in the coming week, opting to bide their time before potential further hikes. Three days of decisions starting on Wednesday (Oct 28) in Washington are likely to affirm a hawkish stance balanced by a measured pace as policymakers confront inflation risks ranging from surging energy prices to the artificial intelligence boom. The Fed raised rates in September for the first time since 2023 and signalled another increase was likely in 2026. While US inflation data has come in hot since then, officials seem in no rush to deliver another hike.
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