Fed Holds Steady, Oil Slips as Saudi-Iran Talks Ease War Premium
The Fed kicks off its two-day meeting with a hold all but priced in, but Chair Warsh faces pressure over a possible December hike and a hawkish dissent from Cleveland's Beth Hammack. Meanwhile, oil pulls back from its highest levels since April after Saudi Arabia and Iran held direct talks in Tehran, though Strait of Hormuz flows remain severely constrained. In this episode: • Fed policy meeting kicks off with 90% odds of a hold; all eyes on Warsh for December hike signal — https://www.cnbc.com/2026/10/27/federal-reserve-rate-hike-timing-expectations.html • Oil edges lower as Saudi-Iran…
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