The Fed is about to release its first policy decision since 3 banks collapsed. Here's what high-profile commentators and analysts say it will do.
To raise or not to raise interest rates: that's the question facing the Federal Reserve at its policy meeting this coming week, the first since three US banks failed and sparked fears about a brewing financial crisis.
Market views on what's next for the benchmark fed funds rate have been whipped around recently. The Fed earlier this month appeared set to deliver a rate hike of 25 or 50 basis points, its ninth consecutive increase, as it deals with inflation sitting well above its 2% target. fanned fears about a broader crisis in the banking sector. Here's a look at what some top commentators and analysts foresee for the Fed's next move.
"So I suspect 25 basis points is the split-the-baby decision that's most likely," Rubenstein told Bloomberg.
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