✉news BusinessBanking first seen 22 h ago, last 22 h ago, peak #33
Federal Reserve expected to hold interest rates steady
Original: Federal Reserve expected to pass on interest rate hike, for now
The Federal Reserve is expected to keep interest rates unchanged at its upcoming policy meeting, holding off on another rate hike for now. Officials have been weighing whether previous increases have done enough to curb inflation without pushing the economy into recession. Markets and analysts will watch the statement and Fed chair Jerome Powell's comments for hints about whether further tightening may still come later this year.
Why now: Investors and households are closely watching US monetary policy decisions for signals on inflation, borrowing costs and the economy's direction.
Evidence
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