Fed keeps interest rates unchanged until December

The Federal Reserve is expected to maintain interest rates during its meeting this Wednesday, with a potential increase in December. Analysts predict that after raising rates in September for the first time in over three years, the Fed will pause to allow markets to adjust. This meeting occurs just before the midterm elections, which are crucial for President Donald Trump. The current rate range is expected to remain between 3.75% and 4%, with a 25 basis point hike anticipated in December. The final meeting of the year is scheduled for December 8-9.