* House Republicans outline to avert government shutdown
* Federal Reserve leaves interest rates unchanged at 5.25%-5.50% target range
* Fed’s Powell says soft economic landing is ‘primary objective’
* Fed signals interest rates may stay higher for longer
* Policy-sensitive 2-year Treasury yield rises to highest level since 2006
* Hedge funds increase bets that oil prices will soon pass $100 a barrel
* Fed funds futures lean toward rate-hike pause in upcoming FOMC meetings:
New economic projections published by the Federal Reserve lift expected economic growth rate and cut core PCE inflation forecasts for 2023. The central bank on Wednesday estimates that US output will rise 2.1% this year, more than double the forecast from June’s estimate. Meanwhile, core PCE for 2023 is expected to increase 3.7%, down slightly from the previous estimate.