Fed Meeting Updates: No Rate Hike Expected, Focus on Warsh's Outlook

The Federal Open Market Committee (FOMC) is meeting, with no new interest rate hikes expected after the recent quarter-point increase in September.

Market analysts estimate less than a 10% chance of another rate increase in the near future.

Investors and observers are closely watching comments from Kevin Warsh, a former Federal Reserve governor, for clues about the Fed's next moves.

Warsh's perspective is seen as influential in understanding how the Fed might approach monetary policy going forward.

The meeting and Warsh's insights are key to anticipating the direction of U.S. interest rates and economic policy.