What will the US Fed do for its upcoming October FOMC? - Part 4

 Just as we've projected, the US Fed held its rates for October FOMC.

However, as the US inflation still runs hot, the US Fed is expected to hike its rates by at least 25bps for December FOMC. Whether the Fed hikes by 25/50bps in December is dependent on incoming inflation data.  Let's watch how this will unfold.