Fed Punts to December as Housing Hits a 25-Year Low
Economists now unanimously expect a December Fed rate hike after an October skip, Treasury yields at multi-decade highs test the stock rally's earnings cushion, and September housing data shows pending sales at their lowest level on record. In this episode: • Fed to skip October but raise rates again in December, nearly all economists say — https://www.investing.com/news/economy-news/fed-to-skip-october-but-raise-rates-again-in-december-nearly-all-economists-say-reuters-poll-4960095 • Rates Hit Multi-Decade Highs. Will Growth and Earnings Keep the Rally Going? —…
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