Fed to pause rate hikes in October and hike in December

Nearly all economists polled by Reuters expect the Federal Reserve to hold interest rates steady this month while delivering a rate hike in December. Stubborn inflation persists as policymakers favor a deliberate approach.

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FILE PHOTO: Renovations continue at the Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. REUTERS/Elizabeth Frantz/File Photo

The Federal Reserve will hold interest rates steady at its October meeting before delivering a 25 basis point hike in December, according to 94 of 100 economists polled by Reuters.

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