Fed Gives Subtle Nod on December Hike
- Officials waiting for ‘some further evidence’ before hiking
- ‘Inflation increased somewhat since earlier this year’: Fed
Fed Leaves Rates Unchanged While Setting Up Possible Move
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When everybody is throwing rocks, sometimes it’s best to duck.
Six days before a contentious U.S. presidential election, Federal Reserve officials opted to avoid the fray and instead telegraphed their intent to raise interest rates in a single word.