Fed Holds Rates, Warsh Hints at December Hike, DoorDash Buys Instacart
The Fed held rates steady at 3.75%-4.0% but Chair Kevin Warsh left the door wide open for a December hike, while also announcing a shake-up to the FOMC's meeting calendar. Plus, a scorching 3.4% GDP print complicates the picture, and DoorDash agrees to buy Instacart for $17 billion. In this episode: • Federal Reserve holds interest rates steady, but signals potential December hike — https://www.cnbc.com/2026/10/29/kevin-warsh-fed-october-rate-decision-december-hike.html • Fed's Warsh announces changes to FOMC meeting schedule, reducing rate votes —…
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