Fed likely to maintain current rate range at next meeting, Gregory Daco expects

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23.10.2026

Fed likely to maintain current rate range at next meeting, Gregory Daco expects — Fed may keep rates steady at FOMC

Gregory Daco said he expects the Federal Reserve will keep its federal funds rate target range unchanged at 3.75% to 4.00% at the upcoming FOMC meeting.

He added that the following press conference will require a delicate balancing exercise.

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Daco has recently highlighted how shifts in sovereign debt supply and demand are affecting financial markets. He also reported that pending sales of existing U.S. homes fell to a record low in September due to elevated mortgage rates. These observations come as the market looks to forthcoming Fed commentary for further signals.

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