See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Here’s everything the Fed is expected to do Wednesday

Posted on AllSides September 19th, 2023
From The Center
Saul Loeb | AFP | Getty Images

As often has been the case, this week’s Federal Reserve meeting will be less about what policymakers are doing now than what they expect to be doing in the future.

In the now, there’s virtually no chance the U.S. central bank will choose to raise its benchmark borrowing rate. Markets are pricing in just a 1% chance of what would be the 12th hike since March 2022, according to CME Group data.

But this week’s meeting, which concludes Wednesday, will feature the Fed’s quarterly update on what it expects for...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.cnbc.com/2023/09/19/heres-everything-the-fed-is-expected-to-do-wednesday.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right