The Federal Reserve is widely expected to hold interest rates steady on Wednesday and to signal further that it may be a while before another hike.
AP Photo/Susan Walsh, FileWith forecasts for slower growth this year, focus will be on signals for future policy moves.The Federal Reserve is widely expected to hold interest rates steady on Wednesday and to signal further that it could be awhile before another increase.
The 12-member Federal Open Market Committee last voted to increase its benchmark interest rate by a quarter percentage point, bringing it to a target range of between 2.25% and 2.5% at the end of 2018. "With economic growth slowing below trend and inflation subdued, we think that the Fed's next move will be to cut rates in early 2020," said Andrew Hunter, an economist at Capital Economics.
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.
US Treasury yields tick lower ahead of Fed rate decisionU.S. government debt prices ticked higher as investors await a policy decision by the U.S. Federal Reserve.
Read more »
Fed focus; Google and the EU; Trouble in GermanyToday’s top business headlines with ChristineRomans before the opening bell on Wall Street: - Trade tensions hurting FedEx - Markets close mixed on trade jitters - White House slams 'Medicare for All' - Peloton hit with $150 million lawsuit
Read more »
Five Things to Watch at the Fed’s March MeetingFederal Reserve officials are on track to leave interest rates unchanged at their two-day meeting and could indicate they are comfortable holding them steady for a while.
Read more »
The market could be setting itself up for a letdown from Wednesday's Fed decisionShould the policymaking Federal Open Market Committee not deliver on market expectations, the result may not be pretty.
Read more »
Wall Street set for muted open as investors await Fed outlookWall Street's main indexes were set to eke out gains at open on Wednesday, ...
Read more »
Investors Fret Over Fed Rate Path Amid Mixed DataThe Federal Reserve is widely expected to keep interest rates steady at the conclusion of Wednesday’s meeting, but analysts are worried that some investors are over-anticipating a dovish policy stance from the central bank.
Read more »
Dollar inches higher ahead of Fed decision, British pound collapses on Brexit extension talkThe U.S. dollar bucks its recent downtrend on Wednesday ahead of the Federal Reserve’s monetary policy update.
Read more »
Dow falls 100 points as FedEx slides, Wall Street awaits Fed decisionStocks were little changed on Wednesday as a decline in FedEx tempered sentiment while investors braced themselves for a key Federal Reserve announcement.
Read more »
Theresa May won’t seek ‘long’ Brexit delayTheresa May will not ask the EU for a “long extension” to Brexit talks, according to a No. 10 official
Read more »
Stocks edge lower as investors await Fed decisionStocks edge slightly lower as investors await the conclusion of the Federal Reserve’s two-day policy meeting Wednesday afternoon.
Read more »