The Fed held interest rates steady at the FOMC meeting on Oct. 28, but Chair Kevin Warsh said the central bank is 'working on' price stability as inflation remains above the 2% target. The article reads his remarks as implying further rate hikes, consistent with an ongoing tightening cycle. CME's FedWatch Tool puts a 65% probability that rates rise by at least 75 basis points, to 4.50%-4.75%, by Sept. 15, 2027. The article links inflation to tariffs, the Iran war and the AI build-out, noting that import prices for computer and electronic products rose 7.4% in the first 6 months of 2026.
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/30/2026 | 101.96 |
| Change that session | +0.08% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 755.71 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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