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Sunday, November 1, 2026Nov 1

Dave Flessner

Contact correspondent Dave Flessner at flessner@timesfreepress.com.


Economy expected to slow next year, boosting US jobless rate near 5%, First Horizon bank investment advisor predicts

The Federal Reserve Board is expected to continue its three-month pause in raising short-term interest rates as it wraps up this week's meeting Wednesday, but the head of investments for Tennessee's biggest bank still expects further Fed rate hikes in the future as inflation remains "sticky" after some easing in price increases over the past year.