Reported about 1 year ago
Investors are anticipating the Federal Reserve's updated interest rate forecasts, which will provide insights into the central bank's stance on monetary policy. The Fed is expected to keep borrowing costs steady but uncertain projections in the 'dot plot' could signal one or two rate cuts. The decision comes as inflation remains above the Fed's target and economic growth indicators have been weaker than expected, prompting expectations of a dovish tone from Fed Chair Jerome Powell.
Source: YAHOO