Business• Updated
US Central Bank Set to Reveal First Interest Rate Decision in Three Years
Reported by Shreya Kapoor (Senior Writer) · Livemint - Markets ·
✓ — also reported by Google News - USA Business
UPDATE - follow-up to US Fed Meeting LIVE: Treasury yields, bitcoin, stock markets feel pressure ahead of FOMC's rate decision: United States stocks and bonds are moving up as markets wait for the central bank to share its choice on interest rates today. This two-day meeting ends today and marks the first expected rate hike since 2023.
Time and Schedule
The 12-member committee will make its announcement at 18:00 GMT or 11:30 pm IST on 16 September. Following this, Fed Chair Kevin Warsh will speak to the media at midnight IST on 17 September. People in India can tune in to watch Warsh's speech starting at 11:30 pm today.
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