THE FED IS EXPECTED TO HOLD RATES STEADY THIS WEEK, WITH PRINCIPAL ASSET MANAGEMENT’S SEEMA SHAH EXPECTING A RATE HIKE IN DECEMBER AND ANOTHER IN 2027 AMID ENERGY-DRIVEN INFLATION. MEANWHILE, BRAZILIAN MARKETS SLUMPED FOLLOWING LULA DA SILVA’S RE-ELECTION, AS INVESTORS WORRIED ABOUT FISCAL RISKS, WHILE BRENT CRUDE SETTLED NEAR $116 A BARREL.