The Federal Reserve begins its two-day meeting today, where it will decide whether to hike, cut, or maintain current interest rates. While many investors are...
The Federal Reserve begins its two-day meeting today, where it will decide whether to hike, cut, or maintain current interest rates. While many investors are hoping for an interest rate cut by the central bank, Yahoo Finance Fed reporterSchonberger also provides insights into the Bank of Japan and the Bank of England, both of which making monetary policy decisions this week.
Powell will likely indicate that recent inflation data are giving them somewhat greater confidence that inflation is on the right path but won't give any calendar guidance and will likely reiterate that they are making decisions on a meeting by meeting basis.Meanwhile, we'll get decisions on Wednesday and Thursday this week from the Bank of Japan and the Bank of England.
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