Russell Investments: Fed may pause rate hikes in October and act again in December.

PANews October 14 news: Russell Investments Senior Investment Strategist BeiChen Lin said in a report that the Federal Reserve may pause rate hikes at its October meeting, but is expected to raise rates again in December. BeiChen Lin pointed out: "If inflation unexpectedly comes in higher than expected, and the market itself is already worried about price pressures, then this could prompt the market to reassess the probability of a Fed rate hike in October, as well as the terminal rate level of this tightening cycle."