B · Normal
[Russell Investment: The Federal Reserve may pause raising interest rates at the October meeting but is expected to raise interest rates again in December] On October 14, BeiChen Lin, senior investment strategist at Russell Investments, said that the Federal Reserve may pause raising interest rates at the October meeting, but is expected to raise interest rates again in December. If inflation surprises higher than expected, and the market itself is already worried about price pressures, then this may prompt the market to reassess the probability of the Federal Reserve raising interest rates in October, as well as the terminal interest rate level of this tightening cycle.
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