Business2 sources
Potential Fed Rate Hike in October Amid Inflation Concerns
- Aditya Bhave, BofA Securities senior US economist, predicts a potential rate hike in October.
- Market expectations are for the Federal Reserve to hold interest rates in October.
- Kevin Warsh's unconventional communication style and ongoing inflation concerns add uncertainty to the decision.
- Bhave discusses his expectations from Federal Reserve Chair Kevin Warsh on 'Bloomberg Surveillance'.
- Investors widely anticipate the Fed to pause rate hikes in October.
Economic Context
Fed interest rate
4.00%
Oct 17, 2026
No change since Oct 16, 2026
Higher than 70% of readings in the last 10 years
Inflation
3.7%
September 2026
+0.3 pts since August 2026
Higher than 76% of readings in the last 10 years
Matched from words in this story. Context, not cause.