Fed expected to hold rates as inflation pressure builds
The Federal Reserve is set to leave its key rate unchanged at the upcoming meeting. Chair Kevin Warsh faces growing pressure to raise rates to fight inflation.
Topic cluster
steady
3 sources grouped by AFBytes in Monetary System
AFBytes briefing
Interest rate choices directly influence mortgage rates, credit card costs, and returns on savings accounts used by American households.
Key entities
- Federal
- Business
- Kevin
- Reserve
What to watch next
- Review the next FOMC statement and inflation data releases for signals on future rate moves.
- Watch the FOMC statement and dot plot for guidance on the path of policy rates.
- The next FOMC statement release will clarify whether officials see inflation or growth risks as dominant going forward.
Fed should stay on sidelines this week
The Federal Open Market Committee meets this week. Swaps markets assign meaningful odds to a rate hike.
Fed expected to hold rates steady at Warsh first meeting
The Federal Reserve is projected to maintain current interest rates during its policy meeting. This comes as Kevin Warsh assumes leadership of the central bank. Markets are watching for any signals o…