The Federal Reserve decided to keep interest rates unchanged in a 10-2 vote despite worsening inflation data, with a likely quarter-point rate hike expected in December. Inflation indicators like the Consumer Price Index and Producer Price Index have risen, raising concerns about continued cost increases. The Fed's decision comes ahead of the U.S. midterm elections, where political sensitivity to rate hikes is high. Investors will watch closely for Fed Chair Kevin Warsh's comments on future rate moves, as another hike could impact borrowing costs and provoke political backlash.
The Federal Reserve's decision to hold interest rates steady precedes expectations of a December hike. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 29, 2026 00:11 WIB: out of 142 priced US Financial stocks, 70 rose and 72 fell. Notable movers include Deutsche Bank AG (DB) with a price of USD 33.45 and a 1-day change of +4.14%, Hyperliquid Strategies Inc (PURR) at USD 9.46 down 3.86%, and Itau Unibanco Banco Holding SA (ITUB) at USD 7.38 down 3.85%, with varied Pluang order activity and typical hold times.
SPIE, a European leader in energy and communication services, has agreed to acquire a 76% stake in SAR ANLAGENBAU GmbH, a key electrical engineering and automation firm in Austria and Germany. This acquisition will broaden SPIE's service portfolio in...
SPIE, a leading European multi-technical services provider, has signed an agreement to acquire a 76% stake in SAR ANLAGENBAU GmbH, a major electrical engineering and automation firm based in Austria and Germany. This acquisition will enhance SPIE's p...
Blockchain.com has launched TRX options trading, providing easier access to TRON's native token through its platform. This move expands the TRON ecosystem's reach by simplifying options trading for retail and institutional users worldwide. TRON, know...
The global dermatological therapeutics market is projected to grow from about $43 billion in 2025 to $97 billion by 2034, with a compound annual growth rate of around 10%. This growth is fueled by increasing cases of acne, psoriasis, and other chroni...
Presidio was named Enterprise Partner of the Year and Software and Services Partner of the Year for the Americas at the Cisco Partner Summit 2026. These awards recognize partners who excel in service and innovation, helping customers succeed through ...
