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Story summary
- Federal Reserve officials approved a 0.25-percentage-point interest-rate increase in September.
- The personal consumption expenditures price index is expected to rise 0.3% month-on-month for all items and core.
- Fed Chair Kevin Warsh said hiring, business investment and private-sector earnings show the economy is in good shape.
- All but two of the 18 Federal Open Market Committee (FOMC) members forecast at least one more rate hike in 2026.
