Share

What to Expect as Powell Gets Ready to Raise Rates Again.

The Federal Reserve will probably announce another 0.75 percentage point interest-rate increase Wednesday. More important than the size of the latest hike is when the Fed will stop this tightening cycle. Given recent data and the likelihood of a higher terminal rate, the Fed will probably lift inflation forecasts, raise unemployment estimates, and lower GDP expectations. But the economic forecasts will likely still be too rosy. 

Fed Meeting Today

Thrive33: BUSINESS articles

Advertisements