Will Warsh's Fed Hike Rates Before the Midterms? Inside the Oct. 28 Decision After a 3.7% CPI Shock

Days before the midterms, a split Federal Reserve paused after its September hike, and Chair Kevin Warsh said some future meetings will skip rate votes starting in 2027.

Wholesale prices rose 6.3% from a year earlier, led by a 10.8% jump in energy, as the Fed weighs another hike before its Oct. 27-28 meeting.

A Section 303 order and up to $150 million in DPA funds target fuel prices 10 days before the midterms, as the tanker Agioi Fanendes sails from Primorsk with 40,000 tons of Russian diesel.

A Witkoff-Kushner plan would route Russian gas through a U.S. intermediary and escrow account to win an energy truce, but EU law bans Russian gas by 2027.

Araghchi says Tehran and Qatari mediators cut the reopening timetable to two days, but only if Washington lifts sanctions, trims forces and frees Iranian funds.

A Witkoff-Kushner plan would route Russian gas through a U.S. intermediary and escrow account to win an energy truce, but EU law bans Russian gas by 2027.

Days before the midterms, a split Federal Reserve paused after its September hike, and Chair Kevin Warsh said some future meetings will skip rate votes starting in 2027.

A Section 303 order and up to $150 million in DPA funds target fuel prices 10 days before the midterms, as the tanker Agioi Fanendes sails from Primorsk with 40,000 tons of Russian diesel.

A supply warning from chip-tool maker Lam Research and Meta's cash burn on AI hit chip stocks, which Tech Times estimated lost about $200 billion, and spread the selling to Seoul and Tokyo.

Wholesale prices rose 6.3% from a year earlier, led by a 10.8% jump in energy, as the Fed weighs another hike before its Oct. 27-28 meeting.