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Russell Investments: The Federal Reserve may October pause rate hikes and December act again

PANews October 14 reports that BeiChen Lin, Senior Investment Strategist at Russell Investments, stated in a report that the Federal Reserve may pause rate hikes at its October meeting, but is expected to raise rates again in December. BeiChen Lin noted: “If inflation unexpectedly exceeds expectations, while the market itself is already concerned about price pressures, this could prompt the market to reassess the probability of the Federal Reserve October raising rates, as well as the terminal rate level for this tightening cycle.”

Source: https://www.panewslab.com/zh/articles/01a1392b-ab3e-7289-a211-1ce37720813b