A change in language in the U.S. Federal Reserve's October policy statement may signal a greater probability of a December tightening.
Entries filed under 'Interest Rates'
September’s disappointing jobs report stifles expectations of a Federal Reserve rate hike this year.
The U.S. Federal Reserve chair attempted to clarify the central bank’s policy stance on September 24. Investors appear far from convinced.
Besides leaving the fed funds rate unchanged, the U.S. central bank also signaled a measured pace to future interest-rate hikes.