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Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future

From dnyuz.com

Federal Reserve officials appear poised to finish the most inflationary year since the 1980s on an optimistic note: They are expected to slow their campaign to cool the economy at their meeting on Wednesday, just as incoming data offer reasons to hope that price increases will fade next year. Central bankers are expected to lift interest rates by half a percentage point to a range of 4.25 to 4.5 percent. That would be a slowdown from their past four meetings, where they raised rates in three-quarter-point increments. Officials will also release a fresh set of economic projections, their first since September, which ... (full story)

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  • Category: Fundamental Analysis