Business
Fed Set to Reveal Policy Decision on Wednesday, Rate Hike Possible
Reported by Shreya Kapoor (Senior Writer) · Livemint - Markets ·
Confirmed by a second source: Google News - USA Business
The US Federal Reserve will announce its monetary policy decision on Wednesday at 2 p.m. ET, and a possible interest‑rate increase is already gaining traction after stronger employment data and firm inflation readings. Investors are gearing up for the move, with most of the expected shift already reflected in market pricing. The central bank’s decision will be followed by a policy statement and a press conference by Fed Chair Kevin Warsh at 2:30 p.m. ET. Market participants will watch the statement and Warsh’s remarks for clues on the future path of rates. With the decision looming, traders are weighing how the latest jobs and price numbers could shape the Fed’s outlook.
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Ahead of Market: 10 things that will decide stock market action on Tuesday
Reported by Shreya Kapoor (Senior Writer) · Economic Times - Markets ·
