Five Things You Need to Know to Start Your Day

Powell suggests the Fed will hold rates. Jim Jordan is trying again to become House speaker. Companies face pressure to comment on the Middle East. Here’s what you need to know today.

Federal Reserve Chair Jerome Powell suggested the US central bank is inclined to hold interest rates steady again at its next meeting, while leaving open the possibility of a future hike if policymakers see further signs of resilient economic growth. His comments effectively affirm market expectations that the Fed will skip a rate increase for a second straight meeting when officials gather on Oct. 31 and Nov. 1.