Follow along to MarketWatch's live coverage of the Federal Open Market Committee interest-rate decision and the press conference with Chair Jerome Powell.
The Federal Reserve will likely hold interest rates steady at its meeting this week, extending the pause that began after the last rate hike in July. The central bankers are giving off signals that they’d like to remain on the sidelines for some time, but will continue to keep alive the possibility of a hike in December, said Josh Shapiro, chief U.S. economist at MFR Inc.
“They’re not going to do anything. I think that they’re hoping they are done, but I don’t think they are at all ready to commit to that,” Shapiro said. Stephen Stanley, chief U.S. economist at Santander, agreed the Fed would hold steady: “The FOMC has clearly decided to sit on its hand for another six weeks, hopefully giving time for some of the uncertainties hanging over the outlook to resolve.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Powell likely to underscore inflation concerns even as Fed leaves key rate unchangedFor the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign.
Read more »
Powell likely to underscore inflation concerns even as Fed leaves key rate unchangedFor the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign.
Read more »
Powell likely to underscore inflation concerns even as Fed leaves key rate unchangedFor the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking campaign.
Read more »
Fed buzz: words to watch for as the Fed sets ratesFed buzz: words to watch for as the Fed sets rates
Read more »
Stock futures fall slightly as Fed decision looms: Live updatesStock futures were slightly lower as Wall Street geared up for the Federal Reserve’s latest policy decision on interest rates.
Read more »
Stock futures fall slightly as Fed decision looms: Live updatesStock futures were slightly lower as Wall Street geared up for the Federal Reserve’s latest policy decision on interest rates.
Read more »