World

The Fed held rates steady, but your savings and debt could still feel the impact

The Federal Reserve left short-term interest rates unchanged on Wednesday, following September's first hike in more than three years. Based on 30-day fed funds futures prices , Fed Chairman Kevin Warsh and the Federal Open Market Committee are likely to raise the benchmark interest rate by a quarter-point in December. "The Federal Reserve's interest rate decision takes center stage this week after a hotter-than-expected September CPI report showed price pressures broadening," Ehsan Khoman, econo