Federal Reserve likely to skip rate hike despite elevated inflation
U.S. Federal Reserve Chairman Kevin Warsh attends the Fireside Chat with Kristalina Georgieva, Managing Director of IMF, (not pictured) for the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, Oct. 16. Reuters-Yonhap WASHINGTON — The Federal Reserve is expected to stand pat on interest rates Wednesday even though…

