[Analysis: Fed Expected to Hold Rates Steady Tonight, But Worsening Inflation Could Force Further Tightening Measures] Golden Finance reports on October 29th that the market widely expects the Federal Reserve to hold rates steady tonight. CNBC analysis points out that the core issue facing the Fed is why it chooses to maintain interest rates despite inflation worsening since the last meeting and multiple indicators suggesting further deterioration. This move could force the Fed to take more aggressive tightening measures in the coming months. TD Securities stated, "Once significantly higher inflation data emerges, or the labor market continues to perform strongly, the market may begin to increase its expectations for a 50 basis point rate hike by the Fed at its next meeting."