The Fed is expected to leave interest rates alone on Wednesday. But that doesn’t mean the problem is going away. Inflation has come in hotter than expected, and expensive fuel and diesel are raising costs for businesses that transport goods. Those costs can eventually reach grocery stores and other parts of everyday life.
The Fed raised rates last month. Investors are now watching for hints that another increase could come in December. At the same time, the meeting comes just days before the US midterm elections, with voters already worried about prices.
AP reports what investors are watching as the Fed begins its meeting.
https://apnews.com/article/991eeb23f8acd1e84b11de9b35278681
Reuters reports oil prices remain near six-month highs despite falling for a second day.
https://www.reuters.com/business/us-stock-futures-muted-oil-holds-near-april-highs-ahead-fed-decision-2026-10-27/
Brent crude settled at $116.72 a barrel as the war with Iran disrupted oil supplies.
https://apnews.com/article/7b47ef3b037bfba4e34f685329b9b963
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