Fed Decision Day Guide From Dot Plots To Exit Strategy
From bloomberg.com
Here’s what to look for when the Federal Open Market Committee releases its policy statement at 2 p.m. today in Washington along with new economic projections. Federal Reserve Chair Janet Yellen plans to give a press conference at 2:30 p.m. -- Sticking to zero: Yellen will probably emphasize that the Fed will keep its main interest rate close to zero for at least a year even with inflation rising toward the Fed’s 2 percent goal and the job market improving faster than officials expected, said Roberto Perli, a partner at Cornerstone Macro LP in Washington. -- The 6.3 percent unemployment rate is already at the top end ...
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