The stickiness of inflation in the service sector will likely keep the Federal Reserve on guard
Wednesday's rate announcement follows an inflation report on Tuesday
Employers are finding it easier to hire, with fewer complaints of worker shortages and less pressure to raise pay
Federal Reserve expected to hold interest rates at December meeting
U.S. prices were unchanged from September to October
The remarks on Tuesday suggested the Fed's outlook for interest rates may have decisively shifted in the past few months
Most economists say they think the central bank is done raising rates
Cheaper gas slowed overall price increases
Biden administration criticizes the Moody's decision, insisting that the U.S. economy remains strong
Still, the Federal Reserve chair didn't rule out another increase