FOMC expected to hold rates at 3.75%-4.00%, but may not be done with hikes
FROM THE WIRE · SEEKINGALPHA.COM
[Wood cube which have text FOMC on working table and old clock on background,US economic data concept.] Athitat Shinagowin The Federal Open Market Committee is widely expected to hold the federal funds rate target range at 3.75%-4.00% when it issues its rate decision on…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA Fed decision with a hawkish tilt could push Treasury yields higher and weigh on bond prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The Fed is widely expected to hold the federal funds target range at 3.75%-4.00%.
- 02Inflation remains well above the 2% goal.
- 03The 25-basis-point hike implemented in September may not be enough to bring inflation down on its own.