There's virtually no chance policymakers will make a move either way on interest rates when the Fed concludes its two-day meeting Wednesday.
There's virtually no chance policymakers will make a move either way on interest rates. Recent data has bought Fed officials time to decide their next step. Inflation, while decelerating, is still too high, and the economy is growing at a solid pace despite the highest benchmark interest rates since the early part of the century.and the rest of the Federal Open Market Committee about where they're leaning for the future.
"The last thing Powell wants to do here is make a mistake and come across as too hawkish, because the implication of that as you could see a risk-off environment. You've already started to see a little bit of a technical breakdown in equities," Emmanuel said."And you have a market that is very, very short Treasurys.", in what could be a pivotal moment for investors with a keen focus on how the government manages its $33.7 trillion debt.
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