Federal Reserve meets Oct. 27–28 with the funds rate at 3.75% to 4%
The Fed calendar lists a two-day meeting on Oct. 27–28 and a 2 p.m. statement on the 28th. In September the committee raised the target range to 3.75%–4%.
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The Fed calendar lists a two-day meeting on Oct. 27–28 and a 2 p.m. statement on the 28th. In September the committee raised the target range to 3.75%–4%.
The University of Michigan’s final October sentiment index was 48.0, a tenth of a point under September. Year-ahead inflation expectations rose to 4.7%.
Great Britain’s retail sales volumes dropped 0.4% in September after rising in August. The third quarter as a whole was still up 0.7%, the ONS said.