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HomeNewsInflation Report Seals Case for 0.75-Point Fed Rate Rise in November

Inflation Report Seals Case for 0.75-Point Fed Rate Rise in November

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Another uncomfortably high inflation reading for September is likely to keep the Federal Reserve on track to increase interest rates by 0.75 percentage point at its meeting next month.

The report also raises the risk officials will delay an anticipated slowdown in the pace of rate rises after that. Another possibility is they could telegraph an expectation that rates will need to rise to even higher levels early next year than policy makers and investors previously anticipated.

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