Business · Economy · 3 hrs ago
Fed officials want to delay a rate hike as inflation data approaches
Fed officials want to hold off on raising interest rates this month.
The decision concerns the Fed’s meeting in late October.
A troubling rise in prices could lead officials to raise rates instead.
Inflation data due this week may help shape their decision.
The data matters because it could affect whether the Fed changes rates at the meeting.
Officials’ next step will depend in part on what the inflation figures show.
Federal Reserve officials want to hold off on a rate hike this month.
Inflation data due this week may affect their decision.
A troubling rise in prices might trigger an interest-rate move.
The Fed’s meeting is scheduled for late October.
- Who
- Federal Reserve officials.
- What
- They want to hold off on a rate hike this month, though a rise in prices might prompt an interest-rate move.
- When
- Inflation data is due this week, ahead of a Fed meeting in late October.
- Where
- Not stated.
- Why
- A troubling rise in prices might trigger an interest-rate move.
This story does not have two clearly opposing sides.
Inflation data is due, and it may affect whether officials hold off on a rate hike.
The Fed is scheduled to meet, where a troubling rise in prices might trigger an interest-rate move.
- Rate decision
- Officials want to hold off on a rate hike this month.
- Inflation data
- Due this week.
- Fed meeting
- Scheduled for late October.
Sources
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