- Fed held rates at 3.75%-4.00% in a 10-2 vote.
- Cook and Hammack dissented in favor of a quarter-point hike.
The Federal Reserve held rates at 3.75%-4.00% in a 10-2 vote, with two dissents favoring a hike. Chair Warsh left the door open to a December move. The 10-year yield rose to 5.044%, its biggest gain since Sept. 28. Oil jumped 2.9% on Iran escalation reports. Oracle rose 11% on capex peak outlook.
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