City predicts steady US interest rates in October

Citibank's expectations indicate that the Federal Reserve may hold the U.S. interest rate steady in October, based on declining inflation and a stable labor market. With improving core inflation data for September, which may show a decrease, it is likely that the interest rate will remain unchanged, especially if the upcoming employment report shows weak results or if unemployment rates increase. Although a slight hike is possible, most forecasts suggest that the central bank will continue its pause to avoid raising rates again, while monitoring the impact of rising Treasury yields on the economy.

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