US interest rates expected steady now, rise in December
Most economists expect the U.S. Federal Reserve to keep interest rates unchanged at its October meeting, while indicating a possibility of raising them in December; this comes despite inflation remaining at high levels and expectations for a significant increase in the likelihood of a rate hike compared to September. This situation occurs amid fluctuations in bond markets and expectations that the peak interest rate will end up between 4% and 4.25%, with inflation continuing to rise and the central bank not moving quickly to ease its policy. This is accompanied by strong economic growth and forecasts of a slowdown in growth during the last quarter of the year, with inflation remaining above the 2% target until at least 2028.
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