Fed Holds Rates Steady - Advancing American Freedom

The Federal Reserve voted to hold rates steady at its October meeting. Topline: The Federal Reserve voted to hold rates steady at its October meeting. Bottomline: The Fed continues to acknowledge the issue of elevated inflation, despite the fact that rates were not raised this cycle. The two dissenting votes, future odds assessments, and the fact that prices increased more in September than in August make a rate increase in December likely.